Cisco Systems, Inc. Raises Fiscal Year 2024 Revenue Guidance
Cisco Systems, Inc. raises fiscal year guidance for 2023 with expected revenue growth in the range of 10% to 10.5% YoY and GAAP
Cisco Systems, Inc. raises fiscal year guidance for 2023 with expected revenue growth in the range of 10% to 10.5% YoY and GAAP
Cisco Systems, Inc. Raises Fiscal Year 2023 Revenue Guidance
Cisco Systems, Inc. has recently announced a revised earnings guidance for the year 2023. The company is raising its fiscal year guidance yet again, with an expected revenue growth of 10% to 10.5% year-on-year. This move comes as a result of the company’s strong performance in recent times and its confidence in future growth prospects.
According to the latest update from Cisco Systems, Inc., GAAP Earnings per Share for fiscal year 2023 are expected to be around $2.93 to $2.98. The company’s decision to revise its earnings guidance reflects its commitment towards delivering value to shareholders and maintaining steady growth momentum in the coming years. With this announcement, Cisco Systems, Inc. is likely to gain more investor confidence and strengthen its position in the market.