Cisco Systems (NASDAQ:CSCO) reported its Q3 earnings results on Wednesday, May 18, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Cisco Systems beat estimated earnings by 1.16%, reporting an EPS of $0.87 versus an estimate of $0.86.
Revenue was up $32.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 2.8% increase in the share price the next day.
Here's a look at Cisco Systems's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.81 | 0.80 | 0.82 | 0.82 |
| EPS Actual | 0.84 | 0.82 | 0.84 | 0.83 |
| Revenue Estimate | 12.65B | 12.98B | 13.02B | 12.56B |
| Revenue Actual | 12.72B | 12.90B | 13.13B | 12.80B |
To track all earnings releases for Cisco Systems visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
