“Lastly, we expect to continue our stock buybacks at the higher levels you've seen over the last two quarters.”

In context

“top talent worldwide. To summarize, our ability to navigate uncertainty was demonstrated by our record results. Our performance remains solid and reflects the strength of our strategy and the benefits from the investments we've made over the last several years. Our operational discipline and excellence in execution are driving record earnings, cash flow, and shareholder value. As we look towards Q4 and fiscal year 2024, I'd like to share a few observations. As I mentioned earlier, as of now, we see modest revenue growth in fiscal year 2024 on top of our strong performance in fiscal year 2023. You can also expect us to grow earnings per share at a higher rate than revenue in Q4 fiscal year 2023 and full-year fiscal year 2024 reflecting improving gross margins and strong expense management. Lastly, we expect to continue our stock buybacks at the higher levels you've seen over the last two quarters. I'd like to thank our teams for their focus and execution and our customers and partners for the trust they placed in us. As cloud, AI and security continue to scale, Cisco's long-established leadership in networking, and the breadth of our portfolio, give me the confidence in our ability to capture the many opportunities ahead. I'll now turn it over to Scott. Scott Herren: Thanks, Chuck. We delivered a record quarter that exceeded both our top and bottom line expectations driven by focused execution, continued business transformation, and the actions we've taken over the last several quarters to mitigate supply issues. We reported our strongest ever revenue, non-GAAP income, non-GAAP earnings per share and operating cash flow for the quarter. Total revenue was $14.6 billion, up 14% year-”