# Cisco Systems, Inc. (CSCO) — Q1-2023 Earnings Results

**Report date:** 2022-11-16 (after market close)  
**Sector:** Information Technology / Communications Equipment  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/CSCO/earnings/Q1-2023

## Post-Earnings Brief

### Headline

Cisco Systems Beats on EPS, Stock Down 1.14%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.86 | N/A | +17.33% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Unknown

No transcript is on record, so the analysis is based solely on numerical results.

### Guidance Changes

No guidance data is available for this quarter.

### What It Means

Cisco's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. However, the stock fell by 1.14%, suggesting that investors may have been looking for more comprehensive insights or guidance that was not provided. The lack of revenue figures and management commentary may have contributed to the stock's decline.

---

_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/CSCO/earnings/Q1-2023_