Business News: Cisco Reports Fourth Quarter, Fiscal Year 2019 Earnings

Business News: Cisco Reports Fourth Quarter, Fiscal Year 2019 Earnings

SAN JOSE, CA (STL.News) – Cisco today reported fourth quarter and fiscal year results for the period ended July 27, 2019.  Cisco reported fourth quarter revenue of $13.4 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion or $0.51 per share, and non-GAAP net income of $3.6 billion or $0.83 per share.

As previously disclosed, Cisco completed the divestiture of the Service Provider Video Software Solutions (SPVSS) business in the second quarter of fiscal 2019 on October 28, 2018. 

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