Cisco Systems (NASDAQ:CSCO) reported its Q2 earnings results on Wednesday, February 16, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Cisco Systems beat estimated earnings by 3.7%, reporting an EPS of $0.84 versus an estimate of $0.81.
Revenue was up $760.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 5.51% drop in the share price the next day.
Here's a look at Cisco Systems's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.82 | 0.82 | 0.76 |
| EPS Actual | 0.82 | 0.84 | 0.83 | 0.79 |
| Revenue Estimate | 12.98B | 13.02B | 12.56B | 11.92B |
| Revenue Actual | 12.90B | 13.13B | 12.80B | 11.96B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
