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Cisco's revenue decreased in its fiscal Q4, but it edged past Wall Street's target

Becky Peterson   

Cisco's revenue decreased in its fiscal Q4, but it edged past Wall Street's target
Enterprise1 min read

Cisco CEO Chuck Robbins

Cisco Live/Business Insider

Cisco CEO Chuck Robbins

Cisco reported its fourth-quarter earnings on Wednesday, with revenues slightly above analyst estimates.

Here's what it reported:

  • Revenue (GAAP) - $12.1 billion, down 4% from $12.64 billion in Q4 2016. This is compared to analyst estimates of $12.07 billion. Cisco projected similar estimates.
  • Earnings per share (adjusted) - $0.61, on the nose of analyst estimates and a penny above's Cisco's own forecast.

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