Doctor Jonathan Cartu Publishes - Cisco Systems, Inc. (NASDAQ:CSCO) - Recap: Cisco Systems Q4... - Jonathan Cartu Computer Repair Consultant Services
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Doctor Jonathan Cartu Publishes – Cisco Systems, Inc. (NASDAQ:CSCO) – Recap: Cisco Systems Q4…

Cisco Systems, Inc. (NASDAQ:CSCO) - Recap: Cisco Systems Q4...

Doctor Jonathan Cartu Publishes – Cisco Systems, Inc. (NASDAQ:CSCO) – Recap: Cisco Systems Q4…

Shares of Cisco Systems (NASDAQ: CSCO) rose 1.9% after the company reported Q4 results. Quarterly Results Earnings per share were down 3.61% over the past year to $0.80, which beat the estimate of $0.74. Revenue of

Shares of Cisco Systems (NASDAQ:CSCO) rose 1.9% after the company reported Q4 results.

Quarterly Results

Earnings per share were down 3.61% over the past year to $0.80, which beat the estimate of $0.74.

Revenue of $12,154,000,000 decreased by 9.49% year over year, which beat the estimate of $12,080,000,000.

Looking Ahead

Q1 EPS expected between $0.69 and $0.71.

Q1 revenue expected to be between $11,712,000,000 and $11,975,000,000.

 

Cisco expects to achieve the following results for the first quarter of fiscal 2021:

Q1 FY 2021

   

Revenue

 

(9)%- (11)% decline Y/Y

Non-GAAP gross margin rate

 

64% – 65%

Non-GAAP operating margin rate

 

30% – 31%

Non-GAAP tax provision rate

 

19%

Non-GAAP EPS

 

$0.69 – $0.71

Cisco estimates that GAAP EPS will be $0.41 to $0.47 in the first quarter of fiscal 2021.

A reconciliation between the Guidance for Q1 FY 2021 on a GAAP and non-GAAP basis is provided in the table entitled “GAAP to non-GAAP Guidance for Q1 FY 2021” located in the section entitled “Reconciliations of GAAP to non-GAAP Measures.”

Details Of The Call

Date: Aug 12, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/jqqf42qq

Technicals

52-week high: $53.07

52-week low: $32.40

Price action over last quarter: Up 9.69%

Company Description

Cisco Systems, Inc. is the world’s largest hardware and software supplier within the networking solutions sector. The infrastructure platforms group includes hardware and software products for switching, routing, data center, and wireless applications. Its applications portfolio contains collaboration, analytics, and Internet of Things products. The security segment contains Cisco’s firewall and software-defined security products. Services are Cisco’s technical support and advanced services offerings. The company’s wide array of hardware is complemented with solutions for software-defined networking, analytics, and intent-based networking. In collaboration with Cisco’s initiative on growing software and services, its revenue model is focused on increasing subscriptions and recurring sales.

Jonathan Cartu

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