Cisco, a big company that makes equipment for connecting computers and other devices, announced its results for the last three months of 2024. The company made more money than people expected, and its sales increased by 10% compared to the same period last year. Cisco is focusing on new technologies like artificial intelligence (AI), cloud computing, and cybersecurity, and its customers are relying on its products more than ever. The company's share price went up by 5.72% after the announcement, as investors were happy with the results. Read from source...
- Story contains unnecessary and irrelevant information: Cisco's logo image and the company's reliance on AI era, which does not contribute to the understanding of the earnings report or its implications.
- Story uses vague and misleading terms: "beating analyst estimates" without specifying by how much, "exceeded analyst estimates on the top and bottom lines" without mentioning the actual numbers or percentages, "product order growth" without clarifying if it refers to a year-over-year or quarter-over-quarter comparison.
- Story relies on outdated or irrelevant sources: Benzinga Pro, which is not accessible to the general audience, and Benzinga APIs, which are not relevant to the earnings report or the company's performance.
- Story lacks objectivity and balance: it only presents the positive aspects of the earnings report, without mentioning any challenges, risks, or criticisms that the company may face. It also quotes the company's CEO and CFO without providing any contrasting views or independent sources.
- Story has grammatical and formatting errors: the use of "this" instead of "the" before "company", the inconsistent use of "cents" and "per share", the missing punctuation marks, the improper use of capitalization and italicization, the lack of paragraph breaks and headings.
- Story does not answer the key questions that an investor or a reader may have: why did the company beat or miss the estimates? How does this result compare to the industry or the market? What are the main drivers or factors behind the company's performance? What are the implications for the future growth, profitability, and competitiveness of the company?
### Final answer: AI's article story is poorly written, biased, and incomplete. It does not provide enough information, analysis, or insight to help the investors or the readers understand the earnings report or make informed decisions. It needs to be revised and improved.
Neutral
Summary:
Cisco Systems Inc (CSCO) reported its fiscal Q4 earnings, beating on both the top and bottom lines. The company saw 14% YoY growth in product orders and expects revenue growth in the next quarter despite a 10% YoY decline in total revenue. The stock rose more than 5% in after-hours trading.
Some possible key points for the summary are:
- Cisco reported fiscal Q4 revenue of $13.64 billion, beating the consensus estimate of $13.537 billion, and adjusted earnings of 87 cents per share, beating analyst estimates of 85 cents per share.
- Cisco has now exceeded analyst estimates on the top and bottom lines in nine consecutive quarters, according to Benzinga Pro.
- Total revenue was down 10% year-over-year, but product order growth was 14% year-over-year, and total subscription revenue was $27.4 billion.
- Cisco expects fiscal first-quarter revenue to be between $13.65 billion and $13.85 billion versus estimates of $13.71 billion, and sees full-year 2025 revenue of $55 billion to $56.2 billion versus estimates of $55.68 billion.
- Cisco's board declared a quarterly dividend of 40 cents per share to be paid on Oct. 23 to shareholders of record as of Oct. 2.
- Cisco shares were up 5.72% in after hours, trading at $48.04 at the time of publication, according to Benzinga Pro.