Cisco Reports Fourth Quarter And Fiscal Year 2024 Earnings

Cisco Reports Fourth-Quarter 2024 Earnings

Key Highlights

Revenue

• Fourth-quarter revenue was $13.6 billion, down 6%
• Cisco reports fourth quarter and fiscal year 2024 earnings.
• Cisco's total revenue was above the high end of its guidance range at $13.6 billion.

WEB Cash Flow from Operating Activities

• WEB Cash Flow from Operating Activities -- $37 billion for the fourth quarter of fiscal 2024, a decrease of 19%.

Guidance

• For the first quarter, Cisco expects revenue of $13.65 billion to $13.85 billion, down from $14.7.

Conference Call

Cisco has scheduled a conference call for 4:30 PM ET. To listen via telephone, dial 1-866-207-9409. The conference ID is 3345792.

More Information

For more information, please visit Cisco's website: https://www.cisco.com/.

Conclusion

Cisco's fourth-quarter earnings report shows that the company is facing some challenges, but it is still profitable and has a strong financial position. Cisco's guidance for the first quarter is cautious, but it is in line with expectations. Overall, Cisco is a well-positioned company with a strong track record of innovation and execution.