secwatch.observer — SEC 8-K summary
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Issuer:     CISCO SYSTEMS, INC. (CSCO)
CIK:        0000858877
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001193125-24-257224
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cisco Q1 revenue $13.8B (-6% YoY); EPS $0.68 GAAP, $0.91 non-GAAP; orders up 20%
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- Revenue $13.8B, down 6% YoY, at high end of guidance; product orders up 20% YoY (9% ex-Splunk).
- GAAP EPS $0.68 (down 24% YoY); non-GAAP EPS $0.91 (down 18%), both above guidance range.
- Q2 FY2025 guidance: revenue $13.75B-$13.95B; non-GAAP EPS $0.89-$0.91. FY2025: revenue $55.3B-$56.3B; non-GAAP EPS $3.60-$3.66.
- Dividend maintained at $0.40/share, payable Jan 22, 2025; $3.6B returned to stockholders via buybacks and dividends.
- Networking down 23% YoY; Security up 100% (2% ex-Splunk); operating cash flow $3.7B, up 54%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858877/000119312524257224/0001193125-24-257224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858877/000119312524257224/d875468d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-257224

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