What's Going On With Cisco Systems Stock?
What's Going On With Cisco Systems Stock?
Cisco Systems, Inc. (NASDAQ:CSCO) initially traded higher before turning negative Thursday on the heels of the company's fiscal third-quarter earnings.
思科系統公司（納斯達克股票代碼：CSCO）最初上漲，隨後在該公司公佈第三財季業績後，週四轉爲負值。
What Happened: Cisco reported financial results for the third quarter after the market close on Wednesday, including $12.7 billion in revenue, down 13% year-over-year. The number beat analyst estimates of $12.531 billion, according to Benzinga Pro.
發生了什麼：思科在週三收盤後公佈了第三季度的財務業績，包括127億美元的收入，同比下降13％。根據Benzinga Pro的數據，這一數字超過了分析師估計的125.31億美元。
The company reported adjusted EPS of 88 cents, down 12% year-over-year. The number beat analyst estimates of 82 cents.
該公司報告調整後的每股收益爲88美分，同比下降12％。這個數字超過了分析師預期的82美分。
The company also provided guidance for the fourth quarter. Cisco expects revenue to be between $13.4 billion and $13.6 billion versus estimates of $13.23 billion. In addition, the company expects EPS to be between 84 cents and 86 cents versus estimates of 85 cents.
該公司還提供了第四季度的指導。思科預計收入將在134億美元至136億美元之間，而估計爲132.3億美元。此外，該公司預計每股收益將在84美分至86美分之間，而預期爲85美分。
The company expects full-year 2024 revenue to be between $53.6 billion to $53.8 billion versus estimates of $53.14 billion. Cisco also guided for adjusted EPS of $3.69 to $3.71 versus estimates of $3.67.
該公司預計，2024年全年收入將在536億美元至538億美元之間，而估計爲531.4億美元。思科還預計調整後的每股收益爲3.69美元至3.71美元，而預期爲3.67美元。
"We delivered a solid Q3 performance in what remains a dynamic environment" said Chuck Robbins, chair and CEO of Cisco. "Our unique ability to bring together networking, security, observability, and data enables Cisco to offer our customers unrivaled digital resilience for the AI era."
思科董事長兼首席執行官查克·羅賓斯表示：“我們在仍然充滿活力的環境中取得了穩健的第三季度業績。”“我們集網絡、安全、可觀測性和數據於一體的獨特能力使思科能夠爲我們的客戶提供人工智能時代無與倫比的數字彈性。”
Cisco also named Gary Steele president of Go-to-Market, effective immediately. Steele is well known for his operational excellence, and in this new role, he will work closely with Robbins to set and execute against Cisco's strategic plans and goals. Jeff Sharritts, Cisco's chief customer and partner officer, will depart Cisco after a 24-year career at the company.
思科還任命加里·斯蒂爾爲進入市場總裁，立即生效。斯蒂爾以其卓越的運營而聞名，在這個新職位上，他將與羅賓斯密切合作，制定和執行思科的戰略計劃和目標。思科首席客戶兼合作伙伴官傑夫·夏裏茨將在思科工作了24年後離開思科。
On Thursday, Oppenheimer analyst Ittai Kidron maintained Cisco with an Outperform and raised the price target from $54 to $58. Piper Sandler analyst James Fish reiterated Cisco with a Neutral and raised the price target from $51 to $52. Wells Fargo maintained an Equal-Weight rating and lifted the price target from $52 to $57 and Needham reiterated its Hold rating.
週四，奧本海默分析師伊泰·基德隆維持思科的跑贏大盤，並將目標股價從54美元上調至58美元。派珀·桑德勒分析師詹姆斯·菲什重申思科持中立態度，並將目標股價從51美元上調至52美元。富國銀行維持同等權重評級，並將目標股價從52美元上調至57美元，尼德姆重申其持有評級。
Related Link: Cracking The Code: Understanding Analyst Reviews For Cirrus Logic
相關鏈接：破解密碼：了解分析師對 Cirrus Logic 的評論
CSCO Price Action: At the time of publication, Cisco shares were down 1.7% at $48.83, according to Benzinga Pro.
CSCO價格走勢：根據Benzinga Pro的數據，截至發佈時，思科股價下跌1.7％，至48.83美元。
譯文內容由第三人軟體翻譯。