Cisco reports second quarter earnings

San jose, calif. , feb. 15, 2023 /prnewswire/ -- news summary: $13.6 billion in revenue, up 7% year over year; gaap eps $0.67, down 6% year over year, and non-gaap eps $0.88, up 5% year over year continued progress on business model transformation: total annualized recurring revenue (arr) at $23.3 billion, up 6% year over year and product arr up 11% year over year total software revenue up 10% year over year and software subscription revenue up 15% year over year remaining performance obligations (rpo) at $31.8 billion, up 4% year over year and product rpo up 7% year over year dividend increased 3%   q2 fy 2023 results: revenue: $13.6 billion increase of 7% year over year earnings per share: gaap: $0.67; non-gaap: $0.88 gaap eps decreased (6)% year over year non-gaap eps increased 5% year over year q3 fy 2023 guidance:    revenue: 11% to 13% growth year over year earnings per share: gaap: $0.74 to $0.79; non-gaap: $0.96 to $0.98 fy 2023 guidance: revenue: 9% to 10.5% growth year over year earnings per share: gaap: $2.85 to $2.96; non-gaap: $3.73 to $3.78 cisco today reported second quarter results for the period ended january 28, 2023.
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