Cisco Systems Q4 earnings increased 6%Staff Writer | August 17, 2016
Cisco Systems released a profit for its fourth quarter that rose compared to the same period last year.
Cisco Systems Revenue for the quarter fell 1.6%
The company said revenue for the quarter fell 1.6% to $12.64 billion. This was down from $12.84 billion last year.
Cisco Systems Inc. earnings at a glance:
-Earnings (Q4): $3.19 billion. vs. $3.01 billion last year
-Earnings Growth (Y-o-Y): 6.0%
-EPS (Q4): $0.63 vs. $0.59 last year
-EPS Growth (Y-o-Y): 6.8%
-Analysts Estimate: $0.60
-Revenue (Q4): $12.64 billion vs. $12.84 billion last year
-Revenue Change (Y-o-Y): -1.6%. ■