Daniela Duong @danieladuong 1y Who else is waiting for the $CSCO-1.3% result? 16 Share Facebook LinkedIn Messenger Twitter WhatsApp
That doesn't look bad at all:
Cisco press release (NASDAQ:CSCO): Q3 Non-GAAP EPS of $1.00 beats by $0.03.
Revenue of $14.57B (+13.5% Y/Y) beats by $210M.
Total software revenue up 18% year over year and software subscription revenue up 17% year over year
Total annualized recurring revenue at $23.8B, up 6% year over year and product ARR up 10% year over year
Remaining performance obligations at $32.1 billion, up 6% year over year and product RPO up 9% year over year.
Q4 FY 2023 Guidance: Revenue: 14% to 16% growth year over year
Earnings per Share: GAAP: $0.82 to $0.87; Non-GAAP: $1.05 to $1.07 vs. consensus of $1.04.
FY 2023 Guidance: Revenue: 10% to 10.5% growth year over year
Earnings per Share: GAAP: $2.93 to $2.98; Non-GAAP: $3.80 to $3.82 vs. consensus of $3.75
Of course I'm waiting 😃 one of my bigger positions...
$CSCO-1.3% has a very safe dividend, currently with a dividend yield of 3.23% 💪
I own it myself and it made it into our video. 👇😊
https://www.youtube.com/watch?v=pCqcIV_u0AU
I confess I didn't know this company. However, I will definitely keep an eye on the results and share price.
I have the company in my portfolio, but I don't expect any big surprises. It's such a quality bore, where they still hold the dominant position in providing internet infrastructure since dot com, but basically nobody cares anymore;)
I'm not waiting for $CSCO-1.3%, in fact I almost didn't even know it existed until we started using Cisco routers.
Do you expect growth or rather a decline in profits?