Cisco Systems, Inc. (NASDAQ:CSCO) is expected to release earnings results for its third quarter, after the closing bell on May 15.
Analysts expect the San Jose, California-based company to report quarterly earnings at 83 cents per share, down from 86 cents per share in the year-ago period. Data from Benzinga Pro projects Cisco will post quarterly revenue of $12.5 billion.
On March 25, Cisco announced new multifunctional collaboration devices for hybrid work.
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With the recent buzz around Cisco, some investors may be eyeing potential gains from the company’s dividends. As of now, Cisco has a dividend yield of 3.33%, which is a quarterly dividend amount of 40 …
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