$CSCO Cisco Q1 Earnings

Adjusted EPS $1.40, est. $1.32 Revenue $18.50B, est. $18.13B Adjusted gross margin 65.6%, est. 65.6% Product revenue $14.67B, est. $14.29B Service revenue $3.85B, est. $3.83B Remaining performance obligations $46.17B, est. $45.16B Sees Q2 adjusted EPS $1.34 to $1.36, est. $1.23 Sees Q2 revenue $18.0B to $18.2B, est. $17.85B Sees Q2 adjusted gross margin 65% to 66%, est. 64.4% Sees FY adjusted EPS $5.47 to $5.53, saw $5.05 to $5.11