Cisco reports fourth quarter and fiscal year 2023 earnings
San jose, calif. , aug. 16, 2023 /prnewswire/ -- news summary : cisco ended fiscal 2023 with q4 revenue at $15.2 billion, up 16% year over year; gaap eps $0.97, up 43% year over year, and non-gaap eps $1.14, up 37% year over year q4 fy 2023 operating cash flow of $6.0 billion, up 62% year over year progress on business model transformation in q4 fy 2023: total software revenue up 17% year over year and software subscription revenue up 20% year over year total annualized recurring revenue (arr) at $24.3 billion, up 5% year over year and product arr up 10% year over year remaining performance obligations (rpo) at $34.9 billion, up 11% year over year and product rpo up 12% year over year q4 fy 2023 results: revenue: $15.2 billion increase of 16% year over year earnings per share: gaap: $0.97; non-gaap: $1.14 gaap eps increased 43% year over year non-gaap eps increased 37% year over year fy 2023 results: revenue: $57.0 billion increase of 11% year over year earnings per share: gaap: $3.07; non-gaap: $3.89 gaap eps increased 9% year over year non-gaap eps increased 16% year over year q1 fy 2024 guidance: revenue: $14.5 billion to $14.7 billion earnings per share: gaap: $0.79 to $0.84; non-gaap: $1.02 to $1.04 fy 2024 guidance: revenue: $57.0 billion to $58.2 billion earnings per share: gaap: $3.19 to $3.32; non-gaap: $4.01 to $4.08 cisco today reported fourth quarter and fiscal year results for the period ended july 29, 2023.
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