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.
思科系统公司（纳斯达克股票代码：CSCO）最初上涨，随后在该公司公布第三财季财报后，周四转为负值。
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.
发生了什么：思科在周三收盘后公布了第三季度的财务业绩，包括127亿美元的收入，同比下降13％。根据Benzinga Pro的数据，这一数字超过了分析师估计的125.31亿美元。
The company reported adjusted EPS of 88 cents, down 12% year-over-year. The number beat analyst estimates of 82 cents.
该公司报告调整后的每股收益为88美分，同比下降12％。这个数字超过了分析师预期的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.
该公司还提供了第四季度的指导。思科预计收入将在134亿美元至136亿美元之间，而估计为132.3亿美元。此外，该公司预计每股收益将在84美分至86美分之间，而预期为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.
该公司预计，2024年全年收入将在536亿美元至538亿美元之间，而估计为531.4亿美元。思科还预计调整后的每股收益为3.69美元至3.71美元，而预期为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."
思科董事长兼首席执行官查克·罗宾斯表示：“我们在仍然充满活力的环境中取得了稳健的第三季度业绩。”“我们集网络、安全、可观测性和数据于一体的独特能力使思科能够为我们的客户提供人工智能时代无与伦比的数字弹性。”
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.
思科还任命加里·斯蒂尔为进入市场总裁，立即生效。斯蒂尔以其卓越的运营而闻名，在这个新职位上，他将与罗宾斯密切合作，制定和执行思科的战略计划和目标。思科首席客户兼合作伙伴官杰夫·夏里茨将在思科工作了24年后离开思科。
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.
周四，奥本海默分析师伊泰·基德隆维持思科的跑赢大盘，并将目标股价从54美元上调至58美元。派珀·桑德勒分析师詹姆斯·菲什重申思科持中立态度，并将目标股价从51美元上调至52美元。富国银行维持同等权重评级，并将目标股价从52美元上调至57美元，尼德姆重申其持有评级。
Related Link: Cracking The Code: Understanding Analyst Reviews For Cirrus Logic
相关链接：破解密码：了解分析师对 Cirrus Logic 的评论
CSCO Price Action: At the time of publication, Cisco shares were down 1.7% at $48.83, according to Benzinga Pro.
CSCO价格走势：根据Benzinga Pro的数据，截至发布时，思科股价下跌1.7％，至48.83美元。
译文内容由第三方软件翻译。