After the closing bell on Wednesday, November 15th, Cisco Systems (NASDAQ:$CSCO) is set to report its first-quarter fiscal 2018 earnings results.

In the three months ending in October, analysts expect Cisco to earn 60 cents per share on revenue of $12.11 billion. This compares to the year-ago quarter when it earned 61 cents per share on revenue of $12.35 billion. As for the full year, ending July 2018, earnings are projected to be 1.67% year-over-year to $2.43 per share, while full-year revenue of $48.16 billion would rise 0.3% year over year.

With its shares gaining more than 12% since mid-August and trading at 52-week highs, investors are anxious to see whether the world’s largest creator of networking equipment can sustain such momentum. Cisco has met or beaten TheStreet’s (NASDAQ:$TST) top and bottom line estimates in fifteen straight quarters.

Further, Cisco is currently in the middle of an important transformation. The company no longer wants to rely solely on its core routing and switching business, but instead make moves toward a more software-centric, subscription-based model. Its $1.71 billion deal for BroadSoft, which specializes in cloud-based software used by major cable and telecom networks, was the most recent example.

But the truth remains, Cisco’s revenue has fallen for seven straight quarters.

Will this quarter be the one that beats the trend? Wall Street expects revenue from Cisco’s switching business to decline almost 5% year over year to $3.54 billion.

Featured Image: twitter