Cisco's revenue decreased in its fiscal Q4, but it edged past Wall Street's target

Cisco CEO Chuck RobbinsCisco Live/Business InsiderCisco CEO Chuck Robbins

Cisco reported its fiscal fourth-quarter earnings on Wednesday, with revenues slightly above analyst estimates.

Even so, Cisco’s stock declined nearly 2% in after hours trading on Wednesday.

Here’s are Cisco’s fiscal Q4 results:

  • Revenue (GAAP) — $US12.1 billion, down 4% from $12.64 billion in Q4 2016. This is compared to analyst estimates of $US12.07 billion. Cisco projected similar estimates.
  • Earnings per share (adjusted) — $US0.61, on the nose of analyst estimates and a penny above’s Cisco’s own forecast.

Get the latest Cisco stock price here.

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