Profits growing faster than revenues. Hard to complain …
Current Highlights
The highlights for FY2019-Q1 (the period ending October 27, 2018) are as follows:
- Revenue of $13.1 billion, up nearly 8% year over year
- Service revenue up 3%
- GAAP operating income $3.8 billion, up 38%; net income $3.5 billion
- General and administrative expenses decreased due to a benefit from a $400 million litigation settlement with Arista
- Acquired Duo Security
