Cisco Systems, Inc. reports $10.3 billion annual profit for 2024
Company generates $53.8 billion in revenue
By USinMinutes
Published - Sep 05, 2024, 04:51 PM ET
Last Updated - Sep 27, 2024, 02:08 AM EDT
Cisco Systems, Inc. [CSCO] has reported $10.3 billion in profit for 2024, an decrease of $2.3 billion from the previous year, according to a filing at the SEC.
The San Jose, California-based company operating in the Manufacturing field recorded revenue of $53.8 billion , an decrease of -5.605459840696165, or $3.2 billion, from the previous year.
Cisco Systems reported $53.8 billion in annual revenue.The diluted earnings per share fell by -17.263843648208464 percent to $2.5 when compared to the EPS of $3.1 the previous year.The company reported 84,900 employees generating 640511904.7619047 revenue per employee for 2024.