Cisco: its annual sales increased by 11%


(AOF) – American computer company, Cisco ended the 2022/2023 financial year with a turnover of 15.2 billion dollars in the fourth quarter, up 16% compared to the previous year. Its revenues rose 11% to $57 billion year-on-year. In this quarter, its earnings per share (GAAP) of 0.97 cents is up 43% compared to the previous year. Over this quarter, its operating cash flow at 6 billion dollars is up 62%.

As for its guidance for the first quarter of fiscal year 2023/2024, Cisco is targeting revenue between $14.5 billion and $14.7 billion and earnings per share (GAAP) between 0.79 and 0, 84 cents.

The company also expects revenue ranging from $57 billion to $58.2 billion and earnings per share (GAAP) between $3.19 and $3.32.

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