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Cisco Systems Inc   (CSCO)
    Sector  Technology    Industry Computer Networks
   Industry Computer Networks
   Sector  Technology
 

Cisco Systems Inc Records Impressive 13.526% Revenue Boost and 6.85% EPS Growth in April 2023 Financial Year End!

company reported third quarter of 2023 operating surplus of $3946 million


Published May 25 2023 / Modified May 25 2023
CSIMarket Team / CSIMarket.com


Network_switches_Jon_ShakataGaNa_Davis__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsCisco Systems Inc., a leading provider in networking, security, and collaboration solutions, reported its financial results for the fiscal time-frame ending April 29, 2023.
The company's revenue for the period was $14.57 billion, demonstrating a significant increase of 13.526% year on year, while earnings per share (EPS) grew by 6.85%, amounting to $0.78.

Cisco Systems Inc.'s EPS for the current fiscal year grew by 16.42% compared to the previous reporting period, where it was recorded at $0.67 per share.
The company's revenue also showed considerable growth, with an increase of 7.203% from $13.59 billion recorded in the previous year.

The net earnings of Cisco Systems Inc.
totaled $3,212.000 million in the financial time-frame ending April 29, 2023, showing a 5.52% increase from the net earnings of $3,044.000 million reported in the previous year's time-frame.

The company made an effort to boost its sales in the financial time-frame, leading to a slight decrease in its net margin to 22.04%. Nevertheless, its operating earnings increased by 9.31% to $3946 million.

Cisco Systems Inc.
is expected to report its next financial earnings on September 07, 2023.
The company's positive financial performance demonstrates its resilience and adaptability, enabling it to maintain its market position amid the challenges posed by the pandemic and shifting market demands.



Cisco Systems Inc's Dividend Growth

Cisco Systems Inc's Income per Employee



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