Cisco Systems Inc
CSCO-
Cisco Systems Inc. surged 2.7% to $62.92 after the networking company reported better-than-expected fiscal third-quarter results and lifted its outlook.
Revenue jumped to $14.15 billion from $12.70 billion, net income climbed to $2.49 billion from $1.89 billion, and diluted earnings per share rose to 62 cents from 46 cents a year ago.
Product orders were up 20% year over year, with growth across all geographies and customer markets.
The company guided fiscal fourth-quarter revenue to be between $14.5 billion and $14.7 billion, compared to $13.6 billion in 2024, and GAAP earnings per share between 62 cents and 67 cents, compared to 54 cents a year earlier.
For the full year, the company estimated revenue to be between $56.5 billion and $56.7 billion, compared to $53.8 billion in 2024, and GAAP earnings per share between $2.53 and $2.58, compared to $2.54 a year ago.
Cisco returned $3.1 billion to shareholders in the third quarter through share buybacks and dividends, and $15.4 billion remained under repurchase authorization with no termination date.
The company acquired SnapAttack, a privately held company that offers a threat detection and engineering platform.
May 15, 2025 -
Cisco Systems Inc. gained 6.5% to $66.62 after the networking company reported a 9% revenue increase in the second quarter of fiscal 2025 ending in January.
Revenue jumped to $14 billion from $12.8 billion, net income dropped 8% to $2.42 billion from $2.63 billion, and earnings per diluted share fell 6% to 61 cents from 65 cents a year ago.
The company proposed to pay a quarterly dividend of 41 cents per share on April 23 to stockholders on record as of April 3.
In addition, Cisco approved a $15 billion increase to the authorization of its stock repurchase program, with a total remaining amount of $17 billion.
During the second quarter, the company acquired Deeper Insights AI Ltd., a privately held AI services company.
Looking into the fiscal third quarter, Cisco estimated revenue between $13.9 billion and $14.1 billion, compared to $12.7 billion a year ago, and GAAP earnings per share between 57 cents and 61 cents, compared to 46 cents a year earlier.
For the full year 2025, the company guided revenue between $56.0 billion and $56.5 billion, compared to $53.8 billion a year ago, and GAAP earnings per share between $2.40 and $2.52, compared to $2.54 a year earlier.
Feb 13, 2025 -
Cisco Systems jumped 7.9% to $49.03, and the networking equipment maker reported better-than-expected fiscal fourth quarter results.
Revenue declined 10% to $13.6 billion from $15.2 billion, net income plunged 45% to $2.2 billion from $4.0 billion, and diluted earnings per share dropped to 54 cents from 97 cents a year ago.
For the full-year fiscal 2024, revenue dropped 6% to $53.8 billion from $57.0 billion, net income plunged 18% to $10.3 billion from $12.6 billion, and diluted earnings per share decreased to $2.54 from $3.07 a year ago.
Cisco declared a quarterly dividend of 40 cents per share payable on October 23 to shareholders on record on October 2.
The company guided fiscal 2025 first quarter revenue to fall between $13.65 billion and $13.85 billion and earnings per share between 35 cents and 42 cents.
The company also announced its plans to cut 7% of its global workforce.
Aug 15, 2024 -
Cisco Systems jumped 3.2% to $51.24 after the networking gear maker reported better-than-estimated fiscal third quarter earnings.
Revenue declined 13% to $12.7 billion from $14.6 billion, net income plunged 41% to $1.9 billion from $3.2 billion, and diluted earnings per share declined to 46 cents from 78 cents a year ago.
Product revenue in the quarter declined by 19%, service revenue rose by 6% in the quarter.
The company completed the acquisition of Splunk in the quarter, and Splunk contributed $413 million in revenue.
The company declared a 40-cent per share cash dividend to shareholders on record on July 5 to be repaid on July 24.
May 16, 2024 -
Cisco Systems plunged 9.6% to $48.16 after the networking equipment maker reported strong quarterly results but said product order growth is likely to slow down.
Revenue in the fiscal 2024 first quarter ending in October increased 8% to $14.7 billion, net income advanced 36% to $3.6 billion from $2.7 billion, and diluted earnings per share rose to 89 cents from 65 cents a year ago.
The company guided fiscal second-quarter revenue between $12.6 billion and $12.8 billion and earnings per share between 59 cents and 64 cents.
For the full-year 2024, the company estimated revenue in the range of $52.8 billion and $55.0 billion and earnings per share between $2.97 and $3.08.
The company declared a cash dividend of 39 cents per share payable on January 24 to shareholders on record on January 4.
Nov 16, 2023
|
|
| |
|
| Trading Volume | 727,951 |
|
|
57.84 - 44.78 |
| Market Cap Full | $ 204.4B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | -0.6% | -1.1% | 9.7% | -11% |
| Q2 | - | -5.2% | -1% | -25.1% |
| Q3 | - | 4% | 3.9% | -6.2% |
| Q4 | - | 2% | -7.1% | 20.2% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.6 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -0.7 | -3.6 | 3.3 | -3.3 | -3.9 | 2.1 | 2 | 4 | - | - | - | 0.1 |
| 2023 | |||||||||||
| 2.2 | -0.5 | 8 | -9.6 | 5.1 | 4.2 | 0.6 | 10.2 | -6.3 | -3 | -7.2 | 4.4 |
| 2022 | |||||||||||
| -12.2 | 0.2 | 1.2 | -13.2 | -8 | -6.2 | 7.4 | -1.4 | -11.4 | 14.6 | 9.4 | -4.2 |
| 2021 | |||||||||||
| 0.6 | 0.7 | 15.7 | -2 | 3.9 | -0.5 | 5.2 | 6.6 | -7.8 | 2.8 | -2 | 15.6 |
| 2020 | |||||||||||
| -3.2 | -16 | 0.9 | 7.8 | 12.8 | -2.5 | 1 | -10.6 | -6.5 | -8.9 | 19.8 | 3 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 0.7 | 0.7 | 0.6 | 0.7 |
| Q2 | 0.8 | 0.7 | 0.7 | 0.7 |
| Q3 | 1 | 0.7 | 0.7 | 0.6 |
| Q4 | 0.9 | 0.7 | 0.7 | 0.5 |
| A | 3.1 | 2.8 | 2.5 | 2.6 |