Cisco Systems Inc (НАСДАК: CSCO) shares tanked 18% in extended trading on weaker-than-expected Q3 revenue and disappointing guidance for the future.
Key takeaways from Cisco Q3 results
- Нето приходот е отпечатен на 3.04 милијарди долари наспроти 2.86 милијарди долари од претходната година.
- Per-share earnings of 73 cents were better than 68 cents in Q3 of previous year.
- На приспособена основа, ЕПС застана на 87 центи, според соопштение за печатот за заработка.
- Revenue remained roughly flat at $12.84 billion in the recent fiscal quarter.
- Консензусот на FactSet беше за 86 центи прилагоден EPS на приход од 13.37 милијарди долари.
- Product order growth and ARR jumped 8.0% and 11% in Q3, respectively.
According to CEO Chuck Robbins, demand remains strong and the hit to Q3 revenue was related to the ongoing war in Ukraine and the COVID lockdowns in China. Акциите сега е намален за повеќе од 35% за годината.
Идни насоки и забелешки на извршниот директор
Cisco warned on Wednesday that its revenue could slide by up to 5.5% in the current financial quarter. It also lowered its full-year guidance for revenue to a 2.0% to 3.0% growth versus up to 6.5% increase it had forecast earlier.
The San Jose-headquartered company expects its fiscal 2022 EPS to fall in the range of $2.75 to $2.85. In the соопштение за печатот за заработка, the chief executive said:
Our business transformation is progressing well. The fundamental drivers across our business are strong and we remain confident in the long term.
Пост Акциите на Cisco само достигнаа 18%: објаснето овде се појави прв на Инвезирај.
Source: https://invezz.com/news/2022/05/18/cisco-shares-just-tanked-18-explained-here/