From Wall Street – Cisco Systems – FY2021-Q4

Current Highlights – This Quarter

  • Quarterly revenues of $13.1 billion, up 2.5% quarter over quarter and 8% year over year
  • GAAP net income of $3 billion, up 5% quarter over quarter and 14% year over year.
  • Product revenue up 6.3% and services revenue down 6.9% quarter over quarter
  • Product order growth of 31% year over year (with enterprise orders up 25% year over year)
  • Software revenue of $4B, up 6% year over year (81% recurring subscriptions – same as last quarter)
  • Revenue breakdown: 59% Americas, 25% EMEA, 16% APAC (very similar to last quarter)

Current Highlights – FY2021

  • FY GAAP revenue of $49.8 billion, up 1% year over year
  • FY GAAP net income of $10.6B, down 6% year over year

Related Posts