Summary: Revenue in line with reduced expectations: Up 10% year-over-year (below Cisco’s long-term targets). This suggests that the business environment did not improve materially from a weak January. Pro forma EPS of $0.38 beats consensus by $0.02. No guidance in press release. colour on call about current tone of business and July quarter outlook will be crucial.
We will provide live coverage of the conference call here at 4:30PM ET.
- Revenue: Consensus is $9.75 billion, up 10%. This is also the guidance figure.
- EPS: Consensus $0.36, 7% y/y
- Gross Margin: Guidance is 65%
- Operating Expenses: Guidance: 37%
- Tax Rate: Guidance: 24%
- Outlook: July Quarter (FQ4): $10.3 billion of revenue, $0.39 EPS FY09: $43.39 billion of revenue, $1.69 EPS
- July Quarter (FQ4): $10.3 billion of revenue, $0.39 EPS
- FY09: $43.39 billion of revenue, $1.69 EPS
Conference Call Notes
4:32: Awaiting conference call.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.