Cisco Systems (CSCO) has recently reported its financial results for the quarter ended December 31, 2024. The company's net income was $2.43 billion, and its total revenue was $13.99 billion1.
CSCO Total Revenue, Net Income
These figures were in line with market forecasts. Analysts had expected CSCO to report earnings per share (EPS) of $0.91 for the quarter, which would represent a 3.41% increase from the same quarter last year2. The company's revenue was projected to be $14.05 billion, indicating a 10.58% rise from the previous year's same quarter2.
CSCO's actual EPS of $0.91 was in line with expectations, while its revenue of $13.99 billion was slightly below the forecasted $14.05 billion. The company's ability to meet these expectations reflects solid business performance and operational efficiency. However, the slight shortfall in revenue may raise some concerns among investors about the sustainability of future growth.