Who else is waiting for the $CSCO result?
A community member's personal view, not investment advice. Community Guidelines
YE
That doesn't look bad at all:
Cisco press release (NASDAQ:CSCO): Q3 Non-GAAP EPS of $1.00 beats by $0.03.
Revenue of $14.57B (+13.5% Y/Y) beats by $210M.
Total software revenue up 18% year over year and software subscription revenue up 17% year over year
Total annualized recurring revenue at $23.8B, up 6% year over year and product ARR up 10% year over year
Remaining performance obligations at $32.1 billion, up 6% year over year and product RPO up 9% year over year.
Q4 FY 2023 Guidance: Revenue: 14% to 16% growth year over year
Earnings per Share: GAAP: $0.82 to $0.87; Non-GAAP: $1.05 to $1.07 vs. consensus of $1.04.
FY 2023 Guidance: Revenue: 10% to 10.5% growth year over year
Earnings per Share: GAAP: $2.93 to $2.98; Non-GAAP: $3.80 to $3.82 vs. consensus of $3.75
YE
I have the company in my portfolio, but I don't expect any big surprises. It's such a quality bore, where they still hold the dominant position in providing internet infrastructure since dot com, but basically nobody cares anymore;)
DD
So the main thing is to keep being a quality bore and I'll be happy (sure, if she grew up a lot she'd be even better, but I'll settle for a quality bore :D
