Cisco meets analyst expectations in first quarter results for fiscal year 2018

Cisco announced its first-quarter earnings for fiscal year 2018 today.

Here are Cisco’s results:

  • Revenues (GAAP) were $US12.1 billion, compared to analyst estimates of $US12.11 billion.
  • Earnings per share (adjusted) were $US0.61, compared to analyst estimates of $US0.60 per share.
  • Projected revenues (GAAP) for the second quarter of 2018 are 1% to 3% growth from last year’s $US11.6 billion. This is compared to analyst estimates of $US11.7 billion.
  • Projected earnings per share (adjusted) for the second quarter of 2018 are $US0.58 to $US0.60, compared to analyst estimates of $US0.58.

Get the latest Cisco stock price here.

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