From Wall Street – Cisco Systems – FY2021-Q2

Current Highlights

  • Quarterly revenues of $11.96 billion, up less than 1% quarter-over-quarter and down less than one percent year-over-year
  • GAAP net income of $2.5 billion, down 12% year-over-year
  • Product revenue flat and service revenue up 1.4%
  • 76% of software revenues from subscriptions, down slightly from last quarter
  • Revenue breakdown: 58% Americas, 27% EMEA, 15% APAC

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