On May 15, 2024, Cisco Systems, Inc. reported its fiscal third-quarter 2024 results, with a revenue of $12.7 billion, a 13% decrease year over year. The report included a detailed financial performance with non-GAAP measures and future projections. Cisco also announced executive leadership changes, appointing Gary Steele as President, Go-to-Market, and the departure of Jeff Sharritts, the former Chief Customer and Partner Officer. The company's acquisition of Splunk Inc. contributed $413 million in revenue for the quarter. Cisco's GAAP net income was $1.9 billion, with a GAAP EPS of $0.46, and non-GAAP net income of $3.6 billion, with a non-GAAP EPS of $0.88. The company declared a quarterly dividend of $0.40 per share and provided guidance for Q4 FY 2024 with an expected revenue of $13.4 billion to $13.6 billion and non-GAAP EPS of $0.84 to $0.86. For the full fiscal year 2024, Cisco anticipates a revenue of $53.6 billion to $53.8 billion and a non-GAAP EPS of $3.69 to $3.71.

On May 15, 2024, Cisco Systems, Inc. reported its fiscal third-quarter 2024 results, with a revenue of $12.7 billion, a 13% decrease year over year. The report included a detailed financial performance with non-GAAP measures and future projections. Cisco also announced executive leadership changes, appointing Gary Steele as President, Go-to-Market, and the departure of Jeff Sharritts, the former Chief Customer and Partner Officer. The company's acquisition of Splunk Inc. contributed $413 million in revenue for the quarter. Cisco's GAAP net income was $1.9 billion, with a GAAP EPS of $0.46, and non-GAAP net income of $3.6 billion, with a non-GAAP EPS of $0.88. The company declared a quarterly dividend of $0.40 per share and provided guidance for Q4 FY 2024 with an expected revenue of $13.4 billion to $13.6 billion and non-GAAP EPS of $0.84 to $0.86. For the full fiscal year 2024, Cisco anticipates a revenue of $53.6 billion to $53.8 billion and a non-GAAP EPS of $3.69 to $3.71.