SAN JOSE, CA--(Feb 15, 2017) - Cisco (NASDAQ: CSCO)
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Q2 Revenue : $11.6 billion
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Decrease of (2)% year over year -- Q2 guidance was (2)% to (4)% decline year over year (normalized to exclude the SP Video CPE Business for Q2 FY2016)
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Q2 Earnings per Share: $0.47 GAAP; $0.57 non-GAAP
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Q3 FY2017 Outlook:
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Revenue: (2)% to 0% year over year
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Earnings per Share: GAAP $0.44 to $0.49; Non-GAAP: $0.57 to $0.59
Cisco (NASDAQ: CSCO) today reported second quarter results for the period ended January 28, 2017. Cisco reported second quarter revenue of $11.6 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.3 billion or $0.47 per share, and non-GAAP net income of $2.9 billion or $0.57 per share.
"We are pleased with the quarter and the continued customer momentum as we help them drive security, automation and intelligence across the network and into the cloud," said Chuck Robbins, Cisco CEO. "This quarter we announced our intent to acquire AppDynamics which, combined with Cisco's networking analytics, will provide customers with unprecedented insights into business performance. We will remain focused on accelerating innovation across our portfolio as we continue to deliver value to customers and shareholders."
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