Cisco Systems Inc. (CSCO) announced a profit for its fourth quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings came in at $2.823 billion, or $0.71 per share. This compares with $2.162 billion, or $0.54 per share, last year.
Excluding items, Cisco Systems Inc. reported adjusted earnings of $3.951 billion or $0.99 per share for the period.
Analysts on average had expected the company to earn $0.98 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.6% to $14.673 billion from $13.642 billion last year.
Cisco Systems Inc. earnings at a glance (GAAP) :
-Earnings: $2.823 Bln. vs. $2.162 Bln. last year.-EPS: $0.71 vs. $0.54 last year.-Revenue: $14.673 Bln vs. $13.642 Bln last year.
-Guidance:Next quarter EPS guidance: $0.97 - $0.99Next quarter revenue guidance: $14.65 - $14.85 Bln
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.