Cisco Systems, Inc. (CSCO) reported net income for the third quarter of $2.5 billion or $0.46 per share, compared to $2.2 billion or $0.40 per share for the year-ago quarter.
Excluding items, adjusted net income for the third quarter was $2.7 billion or $0.51 per share, compared to $2.6 million or $0.48 per share in the prior year quarter.
Net sales for the third quarter rose 5.4% to $12.22 billion from $11.59 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $0.49 per share on revenue of $12.18 billion for the third quarter. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.