earnings
confidence high
sentiment positive
materiality 0.85
Cisco Q4 FY23 revenue up 16% to $15.2B; GAAP EPS $0.97 (+43%); FY24 guidance issued
CISCO SYSTEMS, INC.
2023-FY EPS reported
$3.07
revenue$56,998,000,000
- Q4 product revenue grew 20% YoY, led by Secure, Agile Networks up 33%; software subscription revenue up 20%.
- Full-year FY23 revenue $57.0B (+11%); GAAP EPS $3.07; Non-GAAP EPS $3.89 (+16%).
- RPO reached $34.9B (+11% YoY); product RPO up 12%; ARR $24.3B (+5%).
- Q1 FY24 guidance: revenue $14.5-14.7B; Non-GAAP EPS $1.02-1.04; FY24: revenue $57-58.2B; Non-GAAP EPS $4.01-4.08.
- Q4 operating cash flow $6.0B, up 62% YoY; declared $0.39/share dividend, payable Oct 25.