Cisco (CSCO) PT Raised to $48 at BMO Capital

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Cisco Reports Fourth Quarter and Fiscal Year 2018 Earnings

August 15, 2018 4:05 PM EDT

  Q4 Results:

Revenue: $12.8 billion   Increase of 6% year over year   Recurring revenue was 32% of total revenue, up 1 point year over year Earnings per Share: GAAP: $0.81; Non-GAAP: $0.70   Non-GAAP EPS increased 15% year over year

  FY 2018 Results:

Revenue: $49.3 billion; increase of 3% year over yearEarnings per Share: GAAP: $0.02; Non-GAAP: $2.60   Non-GAAP EPS increased 9% year over year   GAAP results include a $10.4 billion charge related to the enactment of the Tax Cuts and Jobs Acts

  Q1 FY 2019 Guidance:

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