CSCO reports Q3 non-GAAP EPS of $1.06 and revenue growth of 11.9% year-over-year, exceeding analyst expectations.
Cisco reported third-quarter non-GAAP earnings per share of $1.06, surpassing estimates by $0.02, as revenue climbed 11.9% year-over-year to $15.84 billion. The figure exceeded consensus by $280 million, driven by strong demand across its product portfolio.
Remaining Performance Obligations (RPO) reached $43.5 billion, up 4% overall. Product RPO increased 6%, with long-term RPO rising 6% to $11.7 billion, while services RPO grew 2%. The results reflect continued momentum in enterprise networking and cloud infrastructure.
The company did not disclose immediate market reaction, but the earnings beat may support investor confidence in its growth trajectory.