Cisco reports Q4 2017 earnings

Cisco (NASDAQ: CSCO) has reported fourth quarter revenue of USD 12.1 billion, a decrease of four percent year over year, the company said.

Recurring revenue was 31% of total revenue, up four pts year over year, and fourth quarter earnings per share were USD 0.48 GAAP; USD 0.61 non-GAAP.

Full year earnings per share were USD 1.90 GAAP; USD 2.39 non-GAAP.

Cisco is a worldwide technology provider in business since 1984.