Benzinga | Nov 17, 2021 04:55PM EST

Cisco Systems: Q1 Earnings Insights

Cisco Systems (NASDAQ:CSCO) reported its Q1 earnings results on Wednesday, November 17, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Cisco Systems their estimated earnings by 2.5%, reporting an EPS of $0.82 versus an estimate of $0.8, which did not surprise analysts.

Revenue was up $971,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 3.84% increase in the share price the next day.

Here's a look at Cisco Systems's past performance:



Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.82 0.82 0.76 0.70EPS Actual 0.84 0.83 0.79 0.76Revenue Estimate 13.02B 12.56B 11.92B 11.85BRevenue Actual 13.13B 12.80B 11.96B 11.93B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.