Cisco Systems, Inc. has amended its Amended and Restated Bylaws as of August 21, 2025. The changes introduce a process for addressing deficiencies in director nomination notices submitted by stockholders, allowing for notifications and an opportunity to correct such deficiencies.
The amendments also include various ministerial changes aimed at improving clarity and consistency within the bylaws. For stockholders, the updated bylaws specify the timeframe for submitting nomination notices, ensuring that they are informed of any issues that need to be rectified.
linkAug 25, 2025 16:27:47
Cisco Systems reported its fiscal fourth quarter and year 2025 results, concluding on July 26, 2025. The company generated fourth quarter revenue of $14.7 billion, an increase of 8% year-over-year, with net income on a GAAP basis of $2.8 billion ($0.71 per share) and non-GAAP net income of $4.0 billion ($0.99 per share). For the full fiscal year, total revenue reached $56.7 billion, with GAAP net income at $10.5 billion ($2.61 per share) and non-GAAP net income at $15.2 billion ($3.81 per share). Operating cash flow increased by 14% to $4.2 billion in the fourth quarter, while cash and cash equivalents totaled $16.1 billion at the end of the quarter.
The company declared a quarterly dividend of $0.41 per share, to be paid on October 22, 2025, to stockholders of record by October 3, 2025. Cisco also reported that it returned $2.9 billion to shareholders through share buybacks and dividends in the fourth quarter. The guidance for the first quarter of fiscal 2026 estimates GAAP EPS between $0.63 and $0.68, while full fiscal 2026 guidance estimates GAAP EPS between $2.79 and $2.91. Cisco's remaining performance obligations stood at $43.5 billion, with approximately 50% expected to be recognized as revenue over the next 12 months.
linkAug 13, 2025 16:11:01
Cisco has announced its third-quarter results for fiscal year 2025, reporting revenue of $14.1 billion, which is an 11% increase year over year. The company achieved net income of $2.5 billion, translating to a GAAP earnings per share (EPS) of $0.62, a 35% increase from the previous year. Non-GAAP EPS was reported at $0.96, reflecting a 9% increase. The results were driven by a 20% rise in product orders, with notable growth across all geographical regions and customer markets, particularly in AI Infrastructure orders, which exceeded $600 million. Cisco's gross margins also showed improvement, with GAAP gross margin at 65.6% and non-GAAP at 68.6% for the quarter.
Looking ahead, Cisco provided guidance for the fourth quarter of fiscal year 2025, estimating revenue between $14.5 billion and $14.7 billion, with GAAP EPS expected to range from $0.62 to $0.67. For the full fiscal year 2025, the company anticipates revenue between $56.5 billion and $56.7 billion, with GAAP EPS projected at $2.53 to $2.58. Additionally, Cisco declared a quarterly dividend of $0.41 per common share, to be paid on July 23, 2025. The company also highlighted its commitment to returning value to shareholders through share buybacks and dividends, having returned $3.1 billion in the third quarter alone.
linkMay 14, 2025 16:17:33
The company has filed a Current Report on Form 8-K, which includes attached financial statements and exhibits. This filing is a requirement under the Securities Exchange Act of 1934, indicating compliance with regulatory standards.
There are no specific financial metrics or performance indicators mentioned in the release, leaving the details of the company's financial status unaddressed. The report is signed by Evan Sloves, confirming the authenticity of the submission.
linkFeb 24, 2025 16:15:21
Cisco reported a revenue of $14.0 billion for the second quarter, representing a 9% increase year-over-year. The company experienced broad-based strength in product orders, with a notable 29% rise compared to the previous year. Profitability metrics were also favorable, with a GAAP gross margin of 65.1% and a non-GAAP gross margin of 68.7%. Additionally, the quarterly dividend was raised by 3%, and a $15 billion increase in stock repurchase authorization was announced, reflecting strong cash flow performance.
However, there were some negative aspects in the earnings report. The GAAP earnings per share (EPS) decreased by 6% year-over-year to $0.61, while the overall revenue, when excluding contributions from the acquisition of Splunk, showed a slight decline of 1%. Operating expenses rose significantly, with GAAP operating expenses increasing by 17%, impacting the operating income, which only saw a 1% increase. These factors suggest some underlying challenges despite the overall positive financial results.
linkFeb 12, 2025 16:19:33
Cisco's first quarter results show a revenue of $13.8 billion, which is at the high end of their guidance but reflects a 6% decrease year over year. Product orders increased by 20% year over year, indicating a broad-based acceleration in demand. The company's profitability metrics were strong, with GAAP gross margins at 65.9% and non-GAAP gross margins at 69.3%, both exceeding expectations. Cash flow from operating activities saw a significant increase of 54%, totaling $3.7 billion for the quarter. Additionally, Cisco declared a quarterly dividend of $0.40 per share, affirming its commitment to returning value to shareholders.
On the downside, Cisco reported a decline in earnings per share, with GAAP EPS down 24% year over year to $0.68 and non-GAAP EPS down 18% to $0.91. The overall revenue decline was driven by a 9% drop in product revenue, although services revenue increased by 6%. Geographic performance varied, with revenue from the Americas down 9% and EMEA down 2%, while APJC saw a slight increase of 1%. The company also faced a substantial rise in operating expenses, which increased by 28% on a GAAP basis, impacting overall profitability.
linkNov 13, 2024 16:14:31
Cisco's fourth quarter and fiscal year 2024 results showed some positive signs, with product order growth of 14% year over year and a strong revenue of $13.6 billion, surpassing guidance expectations. The company also reported high gross margins, the best in 20 years, and solid growth in software and recurring revenue, indicating a strong demand for its services, particularly in security and observability. Moreover, Cisco's acquisition of Splunk contributed significantly to revenue, with subscription revenue reaching 51% of total revenue.
However, the overall financial performance revealed some concerns, as both revenue and earnings per share (EPS) decreased compared to the previous year. Cisco's GAAP net income fell by 45%, and non-GAAP EPS also saw a notable decline. The company also faced challenges in certain product segments, particularly networking, which experienced a significant drop in revenue. Additionally, cash flow from operating activities decreased sharply, raising questions about operational efficiency moving forward.
linkAug 14, 2024 16:16:02
Cisco's Q3 revenue at $12.7B, down 13%, but with high profitability. Splunk acquisition boosts subscription revenue. Gary Steele named President of Go-to-Market. Q4 revenue guidance $13.4B-$13.6B. FY 2024 revenue guidance $53.6B-$53.8B. Quarterly dividend declared. Operating expenses up 15%. Cash flow from operations at $4.0B. RPO and deferred revenue increased. $2.9B returned to stockholders. Acquisitions of Splunk and Isovalent closed. Cisco projects Q4 revenue and EPS estimates.
linkMay 15, 2024 16:09:01
Cisco's acquisition of Splunk positions them as a major software company globally, offering enhanced data visibility and insights for organizations. The merger aims to provide comprehensive solutions for networking, security, and observability, empowering customers to harness AI securely. The deal, valued at $28 billion, is expected to boost Cisco's revenue growth and gross margin expansion. The collaboration promises better security, observability, networking, AI capabilities, and cost efficiencies for customers, partners, and developers, with upcoming product innovations to be showcased at upcoming events.
linkMar 18, 2024 16:22:30
The company has attached various Senior Notes forms to its Form 8-K report. No further details or context provided.
linkFeb 26, 2024 16:26:03