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                                    How did Cisco's product revenue fare in Q4 2023?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        3/29/2025 08:21pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">Cisco's product revenue in Q4 2023 is not currently available. However, based on the available data, Cisco's revenue for the quarter ended October 2023 was $14.67 billion, representing a 7.6% increase over the same period last year. This indicates a strong performance in the product segment, which is a positive sign for the company's overall revenue outlook.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al,am,an,ao,ap,aq){return {layout:"default",data:[{noData:c,currentQuestion:d,textDescription:I,comeFrom:"AInvestShareLink",events:[],answerSource:h}],fetch:{},error:i,state:{sharePreviewModule:{loadJgySuccess:j,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:h,cache_builder:a,reply_action:"Answer",execute_mode:A,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"How did Cisco's product revenue fare in Q4 2023?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"How did Cisco's product revenue fare in Q4 2023?\",\"user_id\":\"dp53609159\",\"user_name\":\"\",\"trace_id\":\"6b8f6edb-bbed-44ff-bc41-185a494a8f47\",\"session_id\":\"6b8f6edb-bbed-44ff-bc41-185a494a8f47\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:J,raw_data:{number:K,title:L,summary:s,full_summary:"You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion\u002Frating\u002Freport or any approach to evaluating individual securities. If you wish to go to ZacksTrade, click OK. If you do not, click Cancel. OK Cancel Cisco Systems (CSCO Quick QuoteCSCO - Free Report) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.77%. A quarter ago, it was expected that this seller of routers, switches, software and services would post earnings of $1.06 per share when it actually produced earnings of $1.14, delivering a surprise of 7.55%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Cisco, which belongs to the Zacks Computer - Networking industry, posted revenues of $14.67 billion for the quarter ended October 2023, surpassing the Zacks Consensus Estimate by 0.40%. This compares to year-ago revenues of $13.63 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cisco shares have added about 11.6% since the beginning of the year versus the S&P 500's gain of 17.1%. What's Next for Cisco? While Cisco has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliab",url:M,image_url:a,video_url:a,publish_time:t,search_extra_info:{search_burial_info:{id:N,uid:B,ab:{scene_id:u,layer_exp:[{layer_id:v,exp_id:w}]}}},simhash:"b1df0def0bb4b7bf",msg_id:B}},{info_type:J,raw_data:{number:O,title:P,summary:s,full_summary:"You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion\u002Frating\u002Freport or any approach to evaluating individual securities. If you wish to go to ZacksTrade, click OK. If you do not, click Cancel. OK Cancel For the quarter ended October 2023, Cisco Systems (CSCO Quick QuoteCSCO - Free Report) reported revenue of $14.67 billion, up 7.6% over the same period last year. EPS came in at $1.11, compared to $0.86 in the year-ago quarter. The reported revenue represents a surprise of +0.40% over the Zacks Consensus Estimate of $14.61 billion. With the consensus EPS estimate being $1.03, the EPS surprise was +7.77%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Cisco performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Remaining Performance Obligations (RPO) - Total: $34.75 billion versus $33.83 billion estimated by two analysts on average. Revenue- Services: $3.53 billion compared to the $3.48 billion average estimate based on nine analysts. The reported number represents a change of +4.2% year over year. Revenue- Product: $11.14 billion versus $11.12 billion estimated by nine analysts on average. 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did Cisco's product revenue fare in Q4 2023?","other\u002FopenAnswer","6b8f6edb-bbed-44ff-bc41-185a494a8f47","llm_generated","ths_ainvest_lite_web",null,0,"progress\u002Fsearching_for",1000,"searching_for","rich_text","🚀 What were the key growth drivers for Cisco's product revenue in Q4 2023?","📈 Did Cisco's Q4 2023 product revenue performance meet its long-term growth targets?","🧐 What is the current price target for Cisco's stock based on its Q4 2023 earnings?","STR","You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse o...","2023-11-15","oeqxkhszf","oeqxkhszf_layer","base","dp53609159","signal","auto","agent","2f573cc69a21f6f8","88d9fcc9b143706d","inspect stocks",999,2001,"39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","Cisco's product revenue in Q4 2023 is not currently available. However, based on the available data, Cisco's revenue for the quarter ended October 2023 was $14.67 billion, representing a 7.6% increase over the same period last year. This indicates a strong performance in the product segment, which is a positive sign for the company's overall revenue outlook.","search",4,"Cisco Systems (CSCO) Q1 Earnings and Revenues Top Estimates","https:\u002F\u002Fwww.zacks.com\u002Fstock\u002Fnews\u002F2184937\u002Fcisco-systems-csco-q1-earnings-and-revenues-top-estimates","2f573cc69a21f6f8_0",5,"Cisco (CSCO) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates","https:\u002F\u002Fwww.zacks.com\u002Fstock\u002Fnews\u002F2184955\u002Fcisco-csco-q1-earnings-how-key-metrics-compare-to-wall-street-estimates","88d9fcc9b143706d_0","agent_common_v2\nagent-summary","NONE","typewrite",1743250914779,"thinking","Cisco's product revenue in Q4 2023 is not currently available. However, based on the available data, Cisco's revenue for the quarter ended October 2023 was $14.67 billion, representing a 7.6% increase over the same period last year[^4]",2000,"normal","[^5]",". 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