Cisco Systems Non-GAAP EPS of $0.91 beats by $0.04, revenue of $13.84B beats by $70M

Cisco Systems press release (NASDAQ:CSCO): Q1 Non-GAAP EPS of $0.91 beats by $0.04.
Revenue of $13.84B (-5.7% Y/Y) beats by $70M.
GAAP gross margin of 65.9% and non-GAAP gross margin of 69.3%, above our guidance range
Product orders up 20% year over year; up 9% year over year excluding Splunk.
Q2 Outlook: Revenue: $13.75 billion to $13.95 billion vs. consensus of $13.76B.
Earnings per Share: GAAP: $0.51 to $0.56; Non-GAAP: $0.89 to $0.91 vs. consensus of $0.87.
2025 Outlook: Revenue: $55.3 billion to $56.3 billion vs. consensus of $55.95B.
Earnings per Share: GAAP: $2.26 to $2.38; Non-GAAP: $3.60 to $3.66 vs. consensus of $3.57.
Shares -0.19% AH.

Tags: CSCO