secwatch.observer — SEC 8-K summary
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Issuer:     CISCO SYSTEMS, INC. (CSCO)
CIK:        0000858877
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001193125-23-277891
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cisco Q1 revenue up 8% to $14.7B, EPS beats; Q2 guidance soft
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- Q1 revenue $14.7B (+8% YoY); GAAP EPS $0.89 (+37%), non-GAAP EPS $1.11 (+29%), above guidance.
- Q2 guidance: revenue $12.6-12.8B, non-GAAP EPS $0.82-0.84; cites customer implementation focus.
- FY2024 guidance maintained: revenue $53.8-55.0B, non-GAAP EPS $3.87-3.93.
- Software revenue +13% YoY; ARR $24.5B (+5%), product ARR +10%; RPO $34.8B (+12%).
- Quarterly dividend $0.39/share declared; Splunk acquisition expected to close by end of Q3 CY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858877/000119312523277891/0001193125-23-277891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858877/000119312523277891/d850595d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-277891

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