Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 14.3B | 15.2% |
| Gross Profit | 8.78B | 6.1% |
| Cost of Revenue | 8.85B | 8.4% |
| Operating expense | 6.16B | 1.3% |
| Net Income | 2.16B | 14.6% |
| EBITDA | 2.89B | 0.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 124B | 1.2% |
| Total Liabilities | 79B | 2.2% |
| Total Equity | 45.5B | 0.7% |
| Shares Outstanding | 4.01B | 0.6% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.73B | 6.1% |
| Cash from investing | -828M | 96.4% |
| Cash from financing | -4.51B | 132% |
EPS
Financial Highlights for Cisco Systems in Q3 '24
Cisco Systems reported a revenue of 14.3B, which is a 15.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 8.78B, marking a 6.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 8.85B, a 8.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 6.16B, showing a 1.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 2.16B, showing a 14.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 2.89B, showing a -0.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Cisco Systems with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
