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Cisco : Correction to Cisco Article on Feb. 16

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02/17/2017 | 06:50pm CET

The decline in Cisco Systems Inc.'s net profit in its fiscal second quarter was driven in part by an exceptional $500 million tax gain in the year-earlier period that resulted from a settlement with the Internal Revenue Service of previous audits. "Cisco Hit by Decline In Core Business -- WSJ," published Feb. 16 at 2:32 a.m. ET, incorrectly attributed the decline in part to a one-time tax charge during the latest quarter. (Feb. 17, 2017)

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Financials ($)
Sales 2018 48 491 M
EBIT 2018 14 942 M
Net income 2018 10 240 M
Finance 2018 39 338 M
Yield 2018 3,17%
P/E ratio 2018 18,67
P/E ratio 2019 17,72
EV / Sales 2018 3,05x
EV / Sales 2019 3,05x
Capitalization 187 B
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 38,4 $
Spread / Average Target 1,3%
EPS Revisions
Managers
NameTitle
Charles H. Robbins Chief Executive Officer & Director
John T. Chambers Executive Chairman
Rebecca J. Jacoby Chief Operating Officer & Senior Vice President
Kelly A. Kramer Chief Financial Officer & Executive Vice President
Guillermo Diaz Chief Information Officer & Senior Vice President
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