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Cisco Q4 Earnings Beat, Stock Down on Bleak Q1 View
...Cisco Systems reported fourth-quarter fiscal 2020 non-GAAP earnings of 80 cents per share that beat the Zacks Consensus Estimate by 8.1%. However, the bottom line declined 4% year over year. ...
...Revenues declined 9% year over year to $12.15 billion but surpassed the consensus mark by 0.5%. The decline can be attributed to coronavirus crisis-induced weakness in the enterprise and commercial markets. ...
...For first-quarter fiscal 2021, revenues are expected to decline 9-11% on a year-over-year basis. The Zacks Consensus Estimate for revenues is pegged at $12.25 billion, indicating a year-over-year decline of 6.9%. ...
...Operating cash flow was $3.8 billion compared with $4.2 billion reported in the prior quarter. In the fiscal fourth quarter, Cisco returned $1.5 billion to shareholders through dividends. The company did not repurchase any shares during the reported quarter. ...
https://www.zacks.com/stock/news/1041016...xt-1041016
Morgen kaufe ich eine erste tranche...
Cisco Q4 Earnings Beat, Stock Down on Bleak Q1 View
...Cisco Systems reported fourth-quarter fiscal 2020 non-GAAP earnings of 80 cents per share that beat the Zacks Consensus Estimate by 8.1%. However, the bottom line declined 4% year over year. ...
...Revenues declined 9% year over year to $12.15 billion but surpassed the consensus mark by 0.5%. The decline can be attributed to coronavirus crisis-induced weakness in the enterprise and commercial markets. ...
...For first-quarter fiscal 2021, revenues are expected to decline 9-11% on a year-over-year basis. The Zacks Consensus Estimate for revenues is pegged at $12.25 billion, indicating a year-over-year decline of 6.9%. ...
...Operating cash flow was $3.8 billion compared with $4.2 billion reported in the prior quarter. In the fiscal fourth quarter, Cisco returned $1.5 billion to shareholders through dividends. The company did not repurchase any shares during the reported quarter. ...
https://www.zacks.com/stock/news/1041016...xt-1041016
Morgen kaufe ich eine erste tranche...
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