Cisco Systems, Inc. (NASDAQ: CSCO) is projected to release financial results for its first quarter fiscal year 2024, after the closing bell on Nov. 15, 2023.
Analysts expect the company to post quarterly earnings at $1.03 per share, up from year-ago earnings of 86 cents per share. The company’s revenue might come in at $14.62 billion, compared to $13.31 billion in the year-ago period.
Cisco Systems recently agreed to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value.
Cisco shares gained 1.8% to close at $53.17 on Tuesday.
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