Free Post Earnings Research Report: Cisco Systems’ EPS Advanced 4%

Stock Monitor: Finisar Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 28, 2017 / Active-Investors.com has just released a free earnings report on Cisco Systems, Inc. (NASDAQ: CSCO) (“Cisco”). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CSCO. The Company posted its financial results on November 14, 2017, for the first quarter fiscal 2018. Cisco’s revenue and adjusted EPS surpassed analysts’ expectations. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Finisar Corporation (NASDAQ: FNSR), which also belongs to the Technology sector as the Company Cisco Systems. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Cisco Systems most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

For three months ended October 28, 2017, Cisco’s total revenue decreased 2% to $12.14 billion from $12.35 billion in Q1 FY17. The Company’s revenue surpassed analysts’ expectations of $12.11 billion.

During Q1 FY18, Cisco’s gross profit decreased 5.8% to $7.43 billion from $7.88 billion in the same period last year. For the reported quarter, the Company’s gross margin decreased 260 basis points to 61.2% of revenue from 63.8% of revenue in Q1 FY17. For the reported quarter, the Company’s adjusted gross margin decreased 150 basis points to 63.7% of revenue from 65.2% of revenue in Q1 FY17.

During Q1 FY18, Cisco’s operating income decreased 4% to $2.76 billion from $2.88 billion in the same period last year. For the reported quarter, the Company’s operating margin decreased 60 basis points to 22.7% of revenue from 23.3% of revenue in Q1 FY17. For the reported quarter, the Company’s adjusted operating margin decreased 120 basis points to 30.4% of revenue from 31.6% of revenue in Q1 FY17.

During Q1 FY18, Cisco’s earnings before tax (EBT) increased 0.3% to $2.96 billion from $2.95 billion in the same period last year. For the reported quarter, the Company’s EBT margin increased 50 basis points to 24.4% of revenue from 23.9% of revenue in Q1 FY17.

For the reported quarter, Cisco’s net income increased 3% to $2.39 billion on a y-o-y basis from $2.32 billion in Q1 FY17. During Q1 FY18, the Company’s diluted EPS increased 4% to $0.48 from $0.46 in the same period last year. For the reported quarter, Cisco’s adjusted net income decreased 2% to $3.04 billion from $3.10 billion in Q1 FY17. During Q1 FY18, the Company’s adjusted diluted EPS was $0.61, on par with $0.61 in the same period last year. Adjusted diluted EPS surpassed analysts’ expectations of $0.60.

Cisco Systems’ Segment Details

Americas – During Q1 FY18, the Company’s Americas segment’s revenue decreased 1% to $7.35 billion on a y-o-y basis. For the reported quarter, the segment’s gross margin was 64.2% of revenue.

EMEA – During Q1 FY18, the EMEA segment’s revenue decreased 3% to $2.91 billion on a y-o-y basis. For the reported quarter, the segment’s gross margin was 63.2% of revenue.

APJC – During Q1 FY18, the APJC segment’s revenue decreased 1% to $1.88 billion on a y-o-y basis.

Balance Sheet

As on October 28, 2017, Cisco’s cash and cash equivalents decreased 5.7% to $11.04 billion from $11.71 billion on July 29, 2016. For the reported quarter, the Company’s long-term debt decreased 0.2% to $25.68 billion from $25.73 billion in Q4 FY17.

For the reported quarter, the Company’s net accounts receivables decreased 18.3% to $4.21 billion from $5.15 billion in Q4 FY17. The Company’s accounts payable decreased 16.6% to $1.16 billion in Q1 FY18 from $1.39 billion in Q4 FY17.

During Q1 FY18, the Company’s net cash provided by operating activities increased 13% to $3.08 billion from $2.73 billion in the same period last year.

During Q1 FY18, the Company announced the acquisitions of privately held Springpath, Inc. and privately held Perspica, Inc.

Outlook

For Q2 FY18, the Company expects revenue growth to be in the range of 1% to 3% and diluted EPS to be in the range of $0.46 to $0.51 and adjusted diluted EPS to be in the range of $0.58 to $0.60.

Stock Performance Snapshot

December 27, 2017 – At Wednesday’s closing bell, Cisco Systems’ stock marginally advanced 0.21%, ending the trading session at $38.56.

Volume traded for the day: 10.52 million shares.

Stock performance in the last month – up 4.58%; previous three-month period – up 15.17%; past twelve-month period – up 25.68%; and year-to-date – up 27.60%

After yesterday’s close, Cisco Systems’ market cap was at $190.53 billion.

Price to Earnings (P/E) ratio was at 20.02.

The stock has a dividend yield of 3.01%.

The stock is part of the Technology sector, categorized under the Networking & Communication Devices industry. This sector was up 0.1% at the end of the session.

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