Cisco Non-GAAP EPS of $0.83 beats by $0.01, revenue of $13.1B beats by $320M
Cisco press release (NASDAQ:CSCO): FQ4 Non-GAAP EPS of $0.83  beats by $0.01.
Revenue of $13.1B (-0.2% Y/Y)  beats by $320M.
Strong demand with record full year product orders and backlog
Progress on business model transformation with total Annualized Recurring Revenue at $22.9 billion in the fourth quarter of fiscal 2022, up 8% year over year.


Q1 2023 Guidance: Revenue: 2% to 4% growth year over year, Earnings per Share: GAAP: $0.64 to $0.68; Non-GAAP: $0.82 to $0.84 vs. consensus of $0.83.

FY 2023 Guidance: Revenue: 4% to 6% growth year over year, Earnings per Share: GAAP: $2.77 to $2.88; Non-GAAP: $3.49 to $3.56 vs. consensus of $3.53.
Shares +2.96%.