CSCO - Cisco Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Cisco Systems, Inc. (NASDAQ:CSCO) is set to release earnings results for its third quarter, after the closing bell on May 15.
Analysts expect the San Jose, California-based company to report quarterly earnings at 82 cents per share, down from $1 per share in the year-ago period. Cisco is projected to post quarterly revenue of $12.53 billion, according to data from Benzinga Pro.
On March 25, Cisco announced new multifunctional collaboration devices for hybrid work.
Cisco shares rose 0.6% to close at $48.95 on Tuesday.
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