Mike Blake/Reuters
Chuck Robbins, CEO of Cisco
Cisco announced its first-quarter earnings for fiscal year 2018 today.
Here are Cisco's results:
- Revenues (GAAP) were $12.1 billion, compared to analyst estimates of $12.11 billion.
- Earnings per share (adjusted) were $0.61, compared to analyst estimates of $0.60 per share.
- Projected revenues (GAAP) for the second quarter of 2018 are 1% to 3% growth from last year's $11.6 billion. This is compared to analyst estimates of $11.7 billion.
- Projected earnings per share (adjusted) for the second quarter of 2018 are $0.58 to $0.60, compared to analyst estimates of $0.58.
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