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Monday, May 15, 2017

Cisco Earnings Expected To Plod Along

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Cisco Systems reports QE April 2017 financial results on May 17




Summary
  • Cisco earnings will be reported this week and are expected to be a small improvement both YoY and QoQ.
  • Cisco stock has pulled back from a March 1 multi-year high and May 5 retest prior to the earnings report.
  • Revenues have been cyclical and flat overall for several years. Non-GAAP earnings per share have been in a slowing uptrend.


About Cisco Systems

Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco.


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