"Cisco's Strong Q4 and Fiscal Year 2023 Earnings Exceed Expectations"
TL;DR Summary
Cisco reported strong fourth quarter and fiscal year 2023 earnings, with Q4 revenue reaching $15.2 billion, a 16% increase year over year. The company also saw growth in software revenue, product ARR, and total RPO. Cisco's CEO expressed confidence in their ability to capture future opportunities, while the CFO highlighted the business model transformation and commitment to increasing shareholder returns.
- CISCO REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 EARNINGS Cisco Investor Relations
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- Cisco earnings look-ahead: Improved enterprise spending to support revenue growth Seeking Alpha
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