Cisco Systems-CISCO REPORTS FIRST QUARTER EARNINGS

SAN JOSE, Calif., Nov. 13, 2024 /PRNewswire/ -- News Summary: Broad-based acceleration in product orders reflecting normalizing demand Product orders up 20% year over year; up 9% year over year excluding Splunk Revenue of $13.8 billion in Q1, at the high end of our guidance range Strong profitability: GAAP gross margin of 65.9% and non-GAAP gross margin of 69.3%, above our guidance range GAAP EPS of$ 0.68 and non-GAAP EPS of $0.91, above our guidance range Q1 FY 2025 Results: Revenue:$ 13.8 billion De ...