secwatch.observer — SEC 8-K summary
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Issuer:     CISCO SYSTEMS, INC. (CSCO)
CIK:        0000858877
Form:       8-K
Filed at:   2022-05-18T23:59:59+00:00
Accession:  0001193125-22-154039
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cisco Q3 revenue flat at $12.8B, EPS up 7%; Q4 guidance implies revenue decline
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- Q3 revenue $12.8B flat YoY; GAAP EPS $0.73 (+7%), non-GAAP EPS $0.87 (+5%).
- Product orders up 8% YoY; total ARR $22.4B (+11% YoY); product backlog >$15B.
- Q4 guidance: revenue down 1%-5.5% YoY; non-GAAP EPS $0.76-$0.84 (vs Q3 $0.87).
- FY2022 revenue growth guidance 2%-3% (vs prior implied higher?); non-GAAP EPS $3.29-$3.37.
- China lockdowns and Ukraine war negatively impacted Q3 revenue by ~$200M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858877/000119312522154039/0001193125-22-154039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858877/000119312522154039/d354715d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-154039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer