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Cisco : Correction to Cisco Article on Feb. 16

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02/17/2017 | 06:50pm CEST

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 2017 47 941 M
EBIT 2017 15 025 M
Net income 2017 9 652 M
Finance 2017 30 809 M
Yield 2017 3,41%
P/E ratio 2017 16,57
P/E ratio 2018 15,20
EV / Sales 2017 2,68x
EV / Sales 2018 2,58x
Capitalization 159 252 M
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Number of Analysts 34
Average target price 35,3 $
Spread / Average Target 11%
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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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