Cisco's revenue decreased in its fiscal Q4, but it edged past Wall Street's target
Cisco reported its fourth-quarter earnings on Wednesday, with revenues slightly above analyst estimates.
Cisco Live/Business Insider
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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