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Stock impact report

Cisco Earnings Preview: Look Beyond Short-Term Results [TheStreet.com]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: TheStreet.com
Cisco Earnings Preview: Look Beyond Short-Term Results Thanks to its successful transformation to a subscription-based software business, Cisco Systems ( CSCO Get Report The networking giant will report its fiscal fourth-quarter results after the closing bell Wednesday. Strong Performance Expected to Continue in Fiscal Q4 Management at Cisco has forecast that strong operating performance reported over the last six quarters will continue during the fiscal fourth quarter. Revenue is expected to grow in the range of 4.5% to 6.5%. Given the strong 5.9% base comparison, management expressed its confidence in the strength of the business. Also, operating leverage will materialize. The midpoint of the non-GAAP gross margin range at 64.5% represents a solid improvement compared with a gross margin of 62.9% a year earlier. Non-GAAP operating margin also is anticipated to increase with an expected range of 31% to 32% compared with 30.9% the year before. Higher revenue, improved margins, and sha Show less Read more
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