[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What represents pure upside for Cigna in terms of customer accounts?
### Assistant: The potential volume from Medicaid redetermination represents pure upside for Cigna in terms of customer accounts.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does economic weakness later in the year affect Cigna's healthcare customer accounts?
### Assistant: If economic weakness transpires later in the year or if Cigna picks up unexpected customers from the Medicaid redetermination, there may be some upside in Cigna's Cigna Healthcare customer accounts.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does a change in the unemployment rate impact Cigna's commercial employer enrollment levels?
### Assistant: In prior economic downturns, for every 1% change in the unemployment rate, Cigna's commercial employer enrollment levels will move by either 0.5% to 1%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the analyst from Bank of America asking a question?
### Assistant: The analyst from Bank of America asking a question is Mr. Kevin Fischbeck.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the apparent conflict between the strong numbers from providers and med tech companies and the solid numbers from the managed care industry?
### Assistant: The apparent conflict is between the strong numbers from providers and med tech companies and the relatively solid numbers from the managed care industry.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna reconcile the apparent conflict in the numbers?
### Assistant: Cigna reconciles the apparent conflict by highlighting their strong MCR performance, which is a result of their affordability initiatives such as provider contracting improvements, clinical program evolution, site of care optimization, and pricing discipline.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What affordability initiatives has Cigna implemented to improve MCR performance?
### Assistant: Cigna has implemented affordability initiatives such as provider contracting improvements, clinical program evolution, site of care optimization, and pricing discipline to improve MCR performance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contributed to the favorability in the first quarter for Cigna?
### Assistant: The favorability in the first quarter for Cigna was driven by lighter-than-expected viral or respiratory claims.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did viral or respiratory claims impact Cigna's performance in the first quarter?
### Assistant: Lighter-than-expected viral or respiratory claims had a positive impact on Cigna's performance in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What utilization levels did Cigna plan and price for in 2023?
### Assistant: Cigna planned and priced for normalized utilization levels to transpire in 2023 that were more consistent with pre-COVID levels.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the impact of nonviral utilization on Cigna's performance in the first quarter?
### Assistant: Nonviral utilization in the first quarter reflected the more normalized pattern that Cigna had planned and priced for.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the analyst from Cowen asking a question?
### Assistant: The analyst from Cowen asking a question is Mr. Gary Taylor.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What financial disclosure does Cigna provide regarding its PBM?
### Assistant: Cigna provides financial disclosure regarding its PBM (pharmacy benefit manager).


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will the financial disclosure be included in the 10-Q report?
### Assistant: It is not mentioned in the given text whether the financial disclosure will be included in the 10-Q report.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What does the Florida pass prohibit in terms of pricing?
### Assistant: The Florida pass prohibits spread pricing in Florida across all lines of business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the implementation date for the Florida pricing prohibition?
### Assistant: The implementation date for the Florida pricing prohibition is not mentioned in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna plan to address the pricing prohibition in Florida?
### Assistant: It is not mentioned in the given text how Cigna plans to address the pricing prohibition in Florida.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna's MCR performance compare to expectations?
### Assistant: Cigna's MCR performance is in line or better than expected.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What initiatives has Cigna implemented to improve affordability?
### Assistant: Cigna has implemented affordability initiatives such as provider contracting improvements, clinical program evolution, site of care optimization, and pricing discipline to improve MCR performance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How has Cigna's pricing discipline contributed to its performance?
### Assistant: Cigna's pricing discipline has contributed to its strong MCR performance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contributed to the lighter-than-expected viral or respiratory claims?
### Assistant: The favorability in the first quarter for Cigna was driven by lighter-than-expected viral or respiratory claims, such as COVID, flu, and RSV, running lower than expected.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna's customer growth compare year to date?
### Assistant: Cigna has grown 1.5 million customers year to date.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the purpose of the supplemental disclosure filed by Cigna?
### Assistant: The purpose of the supplemental disclosure filed by Cigna is to provide further context on the earnings sources within Evernorth and to address the amount of misinformation in the ecosystem.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How has the percentage of pre-tax adjusted earnings associated with PBM retained rebates and spread changed over time?
### Assistant: The percentage of pre-tax adjusted earnings associated with PBM retained rebates and spread has declined over time.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Cigna update the percentage of pre-tax adjusted earnings associated with PBM retained rebates and spread every quarter?
### Assistant: At this point, Cigna is not intending to update the percentage of pre-tax adjusted earnings associated with PBM retained rebates and spread every quarter in the Q.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the situation in Florida that Cigna is currently working through?
### Assistant: Cigna is currently working through the details of the situation in Florida, specifically related to rebates and spread.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is the Florida situation being discussed with clients at the large client gathering?
### Assistant: The situation in Florida is being discussed with clients at the large client gathering, where they are digesting the ramifications and considering the impacts on their respective Florida footprint.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna plan to manage the impacts of the Florida situation on their clients?
### Assistant: Cigna plans to work through the impacts of the Florida situation client by client and consider flexing financing mechanisms for other geographies based on the outcomes in Florida.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Cigna consider flexing financing mechanisms for other geographies based on the impacts in Florida?
### Assistant: Yes, Cigna will consider flexing financing mechanisms for other geographies based on the impacts in Florida.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna ensure compliance with the implementation timeline for the Florida situation?
### Assistant: Cigna ensures compliance with the implementation timeline for the Florida situation by working through the details and making sure they are compliant with the requirements.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How quickly does Cigna expect the ClearCareRx model to be adopted?
### Assistant: The speed of adoption for the ClearCareRx model is not mentioned in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is there a target for the adoption of the ClearCareRx model?
### Assistant: There is no specific target mentioned for the adoption of the ClearCareRx model.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna think about the competitive dynamics of the industry progressing to explicit fee-based pricing models?
### Assistant: Cigna believes that the path of innovation and the potential transition to explicit fee-based pricing models is important in the industry, but they also emphasize the importance of providing choice to clients in the marketplace.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How long has Cigna been working on the ClearCareRx program?
### Assistant: Cigna has been working on the ClearCareRx program for about two years.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many large clients have Cigna worked with to design and perfect the ClearCareRx program?
### Assistant: Cigna has worked with a small number of large sophisticated clients, approximately a dozen, to design and perfect the ClearCareRx program.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the addressable market for the ClearCareRx program?
### Assistant: The addressable market for the ClearCareRx program is primarily focused on larger clients, starting with the larger of the large clients and working down.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What potential cash flow management ramifications does the ClearCareRx program create?
### Assistant: The ClearCareRx program has the potential to create cash flow management ramifications due to the immediacy of pass-through.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What other innovative programs has Cigna introduced in the industry?
### Assistant: Cigna has introduced various innovative programs in the industry, including insulin programs, the Embarc program on high-cost gene therapies, the SafeGuardRx program for care management, and TRCs (therapeutic resource groups and centers) that focus on specific diagnoses and coordinate with medical and behavioral professionals.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Can you provide more information on Cigna's insulin programs?
### Assistant: More information on Cigna's insulin programs is not provided in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the Embarc program on high-cost gene therapies?
### Assistant: The Embarc program on high-cost gene therapies is not further described in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does the SafeGuardRx program benefit Cigna's clients?
### Assistant: The SafeGuardRx program benefits Cigna's clients by providing care management programs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are TRCs and how do they coordinate with medical and behavioral professionals?
### Assistant: TRCs are therapeutic resource groups and centers that come together to focus on specific diagnoses. They coordinate with medical professionals and behavioral professionals to ensure comprehensive care.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna view the path of innovation in the industry?
### Assistant: Cigna views the path of innovation as mission-critical in the industry and emphasizes their commitment to ongoing innovation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Cigna consider transitioning to a fee-based environment in the future?
### Assistant: The text does not mention whether Cigna will consider transitioning to a fee-based environment in the future.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna ensure that clients have choice in the marketplace?
### Assistant: Cigna ensures that clients have choice in the marketplace by offering various programs and options, such as the ClearCareRx program, and by prioritizing innovation to meet their clients' needs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna prioritize innovation in their industry?
### Assistant: Cigna prioritizes innovation in their industry as mission-critical, recognizing the importance of staying ahead and continuously improving their programs and services.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cigna's mission-critical commitment to innovation?
### Assistant: Cigna's mission-critical commitment to innovation is mentioned in the text, emphasizing their leadership in introducing various innovative programs in the industry.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cigna's approach in the medical benefit space?
### Assistant: Cigna's approach in the medical benefit space is characterized by broad funding mechanisms and financing mechanisms, with an agnostic model that allows flexibility in various funding options.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna finance its medical benefit programs?
### Assistant: Cigna finances its medical benefit programs through a combination of funding mechanisms, including self-funded, self-funded with stop loss on risk management, a shared return model, or guaranteed cost model.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are some funding mechanisms used by Cigna in the medical benefit space?
### Assistant: Some funding mechanisms used by Cigna in the medical benefit space include self-funding, stop loss on risk management, shared return model, and guaranteed cost model.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Cigna's approach in the pharmacy space similar to its approach in the medical benefit space?
### Assistant: Yes, Cigna's approach in the pharmacy space is similar to its approach in the medical benefit space, with similar trends manifesting and Cigna positioning itself as a leader in the pharmacy space.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How long has Cigna been the largest of large employers?
### Assistant: Cigna has been the largest of large employers for two years in its design.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Cigna ready to scale its approach in the pharmacy space?
### Assistant: Yes, Cigna is ready to scale its approach in the pharmacy space.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Does Cigna expect the entire market to shift to its approach in 2024?
### Assistant: No, Cigna does not expect the entire market to shift to its approach in 2024. They anticipate more adoption of programs like ClearCareRx.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is ClearCareRx and how does it relate to Cigna's programs?
### Assistant: ClearCareRx is a program in the pharmacy space that Cigna offers. It is not explicitly mentioned how it relates to Cigna's other programs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is Mr. Josh Raskin and what is his affiliation with Nephron Research?
### Assistant: Mr. Josh Raskin is affiliated with Nephron Research, but his specific role or title is not mentioned.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Can Cigna provide more information on the individual book and its total membership guidance?
### Assistant: Cigna can provide more information on the individual book and its total membership guidance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Where did the additional lives in the individual book come from?
### Assistant: The additional lives in the individual book came from a combination of existing geographies and three new states: Texas, Indiana, and South Carolina.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Did the increased total membership guidance result from the additional lives in the individual book?
### Assistant: It is not explicitly stated if the increased total membership guidance resulted from the additional lives in the individual book.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Are there any early signs of utilization and other metrics that indicate the correct pricing of the individual book?
### Assistant: It is mentioned that the claims are largely in line with expectations through the first quarter, but it is not specified if there are any specific metrics indicating the correct pricing of the individual book.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is Brian Evanko and what is his role at Cigna?
### Assistant: Brian Evanko is the Chief Financial Officer at Cigna.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which states contributed to the majority of Cigna's growth in the individual book?
### Assistant: The majority of Cigna's growth in the individual book came from Texas, Georgia, and Florida.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna's long history in certain geographies benefit its individual customers?
### Assistant: Cigna's long history in certain geographies benefits its individual customers by leveraging provider engagement and clinical programs that have been established in those locations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are Cigna's expectations for the margins on the individual book in the '23 calendar year?
### Assistant: Cigna expects the margins on the individual book in the '23 calendar year to run below their long-term goal of 4% to 6%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna's Cigna Healthcare income and MCR guidance reflect the expected margins on the individual book?
### Assistant: Cigna's Cigna Healthcare income and MCR guidance reflects the expectation of margins running below the long-term goal for the individual book.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Are the claims in line with Cigna's expectations for the first quarter?
### Assistant: The claims for the first quarter are largely in line with Cigna's expectations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cigna's assumption regarding risk adjustment payable position for the 2023 plan year?
### Assistant: Cigna assumes that they will be in a risk adjustment payable position for the 2023 plan year, despite being in a receivable position for the 2022 plan year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna expect the book of business to contribute to the segment's long-term margin expansion and income growth?
### Assistant: The book of business represents a source of future embedded earnings power that will contribute to the segment's long-term margin expansion and income growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna define a good start to the year?
### Assistant: A good start to the year is mentioned, but it is not explicitly defined.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cigna's full year outlook for the individual book?
### Assistant: Cigna's full year outlook for the individual book is not provided in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna plan to recalibrate its assumption regarding risk adjustment payable position later in 2023?
### Assistant: Cigna plans to recalibrate its assumption regarding risk adjustment payable position later in 2023 when industrywide risk adjustment data becomes available.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does the individual book represent a source of future embedded earnings power for Cigna?
### Assistant: The individual book represents a source of future embedded earnings power for Cigna, contributing to the segment's long-term margin expansion and income growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the name of the company mentioned in the text?
### Assistant: The company mentioned in the text is Cigna Group.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the health plans served by Evernorth?
### Assistant: The text does not specifically mention the health plans served by Evernorth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Evernorth generate their price point for health plans?
### Assistant: Evernorth generates their price point for health plans by aggregating the total cost of care through their medical contracting, ancillary contracting, pharmacy contracting, and behavioral contracting.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What types of contracting does Evernorth engage in?
### Assistant: Evernorth engages in medical contracting, ancillary contracting, pharmacy contracting, and behavioral contracting.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Evernorth factor in the cost of pharmaceuticals in their offerings?
### Assistant: The text states that the cost of pharmaceuticals is baked into the cost of a guaranteed cost offering or risk-based offering for health plans.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the role of medical contracting in Evernorth's overall cost equation?
### Assistant: The role of medical contracting in Evernorth's overall cost equation is not explicitly mentioned in the text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the role of DME contracting in Evernorth's overall cost equation?
### Assistant: The role of DME (Durable Medical Equipment) contracting in Evernorth's overall cost equation is not explicitly mentioned in the text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the role of behavioral contracting in Evernorth's overall cost equation?
### Assistant: The role of behavioral contracting in Evernorth's overall cost equation is not explicitly mentioned in the text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the net pricing that Evernorth offers to the marketplace?
### Assistant: The text does not provide specific information about the net pricing that Evernorth offers to the marketplace.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the analyst from UBS that asked a question during the call?
### Assistant: The analyst from UBS who asked a question during the call is Kevin Caliendo.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are some of the initiatives that Cigna is undertaking to improve healthcare?
### Assistant: Some of the initiatives that Cigna is undertaking to improve healthcare include increased transparency, choice, and clinical programs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna aim to drive down drug costs for their customers, patients, and clients?
### Assistant: Cigna aims to drive down drug costs for their customers, patients, and clients through their increased transparency, choice, and clinical programs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many coworkers does Cigna have around the world?
### Assistant: The text does not provide the exact number of coworkers that Cigna has around the world.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the commitment and dedication of Cigna's coworkers focused on?
### Assistant: The commitment and dedication of Cigna's coworkers are focused on making a positive difference in the lives of the people they serve, both formally through commercial relationships and in the communities they serve.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the outlook for Cigna's adjusted EPS revenue and customer growth for this year?
### Assistant: The text states that Cigna is confident in delivering their increased adjusted EPS revenue and customer growth outlook for this year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna plan to achieve their outlook for adjusted EPS revenue and customer growth?
### Assistant: Cigna plans to achieve their outlook for adjusted EPS revenue and customer growth by remaining focused on everyone they serve, executing with good focus and discipline, and continuing to innovate.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cigna's focus when it comes to innovation?
### Assistant: Cigna's focus when it comes to innovation is not explicitly mentioned in the text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cigna's approach to transparency, choice, and clinical programs?
### Assistant: Cigna's approach to transparency, choice, and clinical programs is aimed at driving down further drug costs for their customers, patients, and clients.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cigna aim to make a positive difference in people's lives?
### Assistant: Cigna aims to make a positive difference in people's lives through the dedication and commitment of their coworkers, who work to serve people both formally through commercial relationships and in the communities they serve.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How long will the recording of the conference call be available?
### Assistant: The recording of the conference call will be available for 10 business days following the call.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the phone number to access the recorded conference call?
### Assistant: The phone number to access the recorded conference call is 888-282-0036 or 203-369-3022.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is there a passcode required for accessing the replay of the conference call?
### Assistant: No, there is no passcode required for accessing the replay of the conference call.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Vice President of Investor Relations at Cigna?
### Assistant: The Vice President of Investor Relations at Cigna is Ralph Giacobbe.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Chief Financial Officer of Cigna?
### Assistant: The Chief Financial Officer of Cigna is Brian Evanko.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which companies or analysts participated in the earnings call?
### Assistant: The companies or analysts that participated in the earnings call include JPMorgan Chase and Company, Barclays, Goldman Sachs, Credit Suisse, Wolfe Research, Morgan Stanley, Bank of America Merrill Lynch, Cowen and Company, Wells Fargo Securities, Nephron Research, Stephens, Inc., and UBS.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who are the participants in Cisco's Q3 2023 earnings call?
### Assistant: The participants in Cisco's Q3 2023 earnings call are Marilyn Mora (Head of Investor Relations), Chuck Robbins (Chairman and CEO), and Scott Herren (CFO).


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the date and time of Cisco's Q3 2023 earnings call?
### Assistant: The date and time of Cisco's Q3 2023 earnings call is May 17, 2023, at 4:30 p.m. ET.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Where can the webcast with slides and supplemental information be found?
### Assistant: The webcast with slides and supplemental information can be found on Cisco's website in the investor relations section following the call.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What financial information can be found on Cisco's investor relations website?
### Assistant: On Cisco's investor relations website, financial information such as income statements, full GAAP to non-GAAP reconciliation information, balance sheet, cash flow statements, and other financial information can be found.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will Cisco be discussing product results during the conference call?
### Assistant: Cisco will be discussing product results in terms of revenue, and geographic and customer results in terms of product orders, unless stated otherwise.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What comparisons will be made during the call?
### Assistant: All comparisons made during the call will be made on a year-over-year basis.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What risks and uncertainties are discussed in Cisco's SEC filings?
### Assistant: The risks and uncertainties discussed in Cisco's SEC filings include those detailed in their documents filed with the SEC, specifically the most recent reports on Form 10-K and 10-Q, which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Cisco comment on its financial guidance during the quarter?
### Assistant: Cisco will not comment on its financial guidance during the quarter unless it is done through an explicit public disclosure.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who will be providing guidance for the fourth quarter and full year of fiscal 2023?
### Assistant: Chuck Robbins, the CEO of Cisco, will be providing guidance for the fourth quarter and full year of fiscal 2023.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were Cisco's Q3 performance highlights?
### Assistant: Cisco's Q3 performance highlights include delivering their strongest-ever revenue, non-GAAP income, non-GAAP EPS, and operating cash flow.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's outlook for revenue and earnings per share for fiscal 2023?
### Assistant: Cisco is raising its fiscal 2023 outlook for revenue and earnings per share based on their strong Q3 performance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expected revenue growth for fiscal year '24?
### Assistant: Cisco expects to see modest revenue growth for fiscal year '24, even with the tough compare of double-digit growth in fiscal year '23.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much growth did Cisco achieve in software revenues in Q3?
### Assistant: Cisco achieved 18% growth in software revenues in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much remaining performance obligations does Cisco have?
### Assistant: Cisco has 32 billion in remaining performance obligations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's strategy for security?
### Assistant: Cisco's strategy for security involves revamping their strategy, putting a world-class team in place, and making security a top priority for the company.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's priority for the company?
### Assistant: Cisco's priority for the company is security.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What can be expected in terms of new innovations in the security space?
### Assistant: New innovations in the security space can be expected, building on Cisco's strong Cisco security cloud strategy, including at Cisco Live next month.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Where will new innovations in security be showcased?
### Assistant: New innovations in security will be showcased at Cisco Live next month.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What progress has Cisco made in the security space?
### Assistant: Cisco has made rapid progress in the security space.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's optimism about in regards to their opportunity in security?
### Assistant: Cisco is optimistic about their opportunity in the security space based on the rapid progress they are making.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were Cisco's Q3 revenue, non-GAAP income, non-GAAP EPS, and operating cash flow?
### Assistant: The text does not provide specific information about Cisco's Q3 revenue, non-GAAP income, non-GAAP EPS, and operating cash flow.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much growth did Cisco achieve in ARR in Q3?
### Assistant: The text does not provide specific information about the growth of ARR in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the growth rate of subscription and software revenues in Q3?
### Assistant: The text does not provide specific information about the growth rate of subscription and software revenues in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco plan to drive long-term growth?
### Assistant: Cisco plans to drive long-term growth through continued success in their movement toward more subscriptions and recurring revenue, the enormous opportunity in security, and other key areas.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the three key areas that will help drive Cisco's long-term growth?
### Assistant: The three key areas that will help drive Cisco's long-term growth are continued success in their movement toward more subscriptions and recurring revenue, the enormous opportunity in security, and other key areas.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco use predictive AI in their portfolio?
### Assistant: Cisco uses predictive AI extensively across their portfolio.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is powering the leading AI models run by hyperscalers around the world?
### Assistant: Cisco's core networking technology is powering the leading AI models run by hyperscalers around the world.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How has Cisco leveraged generative AI capabilities in their own products?
### Assistant: Cisco has leveraged generative AI capabilities in their own products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What event will Cisco be speaking at to discuss their products?
### Assistant: Cisco will be speaking at Cisco Live to discuss their products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco perform in terms of revenue and earnings per share in Q3?
### Assistant: In Q3, Cisco delivered their highest-ever quarterly revenue and non-GAAP earnings per share, exceeding the high end of their guidance range.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors are shaping customer demand in the industry?
### Assistant: Customer demand is being shaped by an increase in product shipments, reduction in product lead times, and macroeconomic conditions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are product lead times impacting customer ordering behavior?
### Assistant: Product lead times have reduced the need for extensive advanced ordering by customers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What technologies are customers investing in that are core to their overall strategies?
### Assistant: Customers are investing in key technologies that are core to their overall strategies.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How do sequential order rates compare to year-over-year rates for Cisco?
### Assistant: Sequential order rates for Cisco were in general alignment with historical ranges, coming in one point below the historical range.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What does the strength of Cisco's order cancellation rates indicate?
### Assistant: The strength of Cisco's order cancellation rates indicates the strength of their backlog and portfolio.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expectation for their product backlog at the end of the fiscal year?
### Assistant: Cisco expects to end the fiscal year with roughly double their normal product backlog.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What growth opportunities exist for Cisco with their web scale customers?
### Assistant: There remains a huge growth opportunity for Cisco with their web scale customers, enabled by their portfolio of hardware, software, silicon, and systems.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What recent innovation did Cisco introduce to their networking business?
### Assistant: Cisco introduced 800-gig capability to their Cisco 8000 platform with the industry's first 28.8 terabit line card powered by Cisco Silicon One ASICs and pluggable optics.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does the new Cisco 8000 platform compare to 400-gig solutions in terms of power and space savings?
### Assistant: The new Cisco 8000 platform can deliver up to 68% power savings and 83% space savings compared to 400-gig solutions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What recent acquisition did Cisco make in alignment with their security cloud vision?
### Assistant: Cisco closed the acquisition of Valtix, which is aligned to their security cloud vision.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the two companies that Cisco intends to acquire to extend their capabilities in cloud, security, and observability?
### Assistant: Cisco intends to acquire two companies to further extend their capabilities in cloud, security, and full stack observability.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many years in a row has Cisco been ranked No. 1 on Fortune magazine's 100 best companies to work for in the U.S.?
### Assistant: Cisco has been ranked No. 1 on Fortune magazine's 100 best companies to work for in the U.S. for three years in a row.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: In how many countries around the world has Cisco been ranked as the No. 1 great place to work?
### Assistant: Cisco has been ranked as the No. 1 great place to work in 14 other countries around the world.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What does Cisco's record performance reflect?
### Assistant: Cisco's record performance reflects the strength of their strategy and the benefits from their investments over the last several years.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco navigate uncertainty in their operations?
### Assistant: Cisco navigates uncertainty in their operations by demonstrating their ability to deliver record results.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the strength of Cisco's strategy?
### Assistant: The strength of Cisco's strategy is demonstrated by their solid performance and record results.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What benefits have Cisco gained from their investments over the last several years?
### Assistant: Cisco has gained benefits from their investments over the last several years, which are reflected in their record results and strong operating discipline.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco prioritize their strategic investments?
### Assistant: Cisco prioritizes their strategic investments to drive long-term growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco's networking business drive a higher return on investment and sustainability?
### Assistant: Cisco's networking business drives a higher return on investment and sustainability by building solutions that reduce operational costs, carbon emissions, and enable the densification of networks to support use cases like AIML and IoT.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's position as a premier destination for top talent worldwide reflected in?
### Assistant: Cisco's position as a premier destination for top talent worldwide is reflected in their rankings as the No. 1 great place to work in multiple countries.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is driving record earnings, cash flow, and shareholder value for Cisco?
### Assistant: According to the text, discipline and excellence in execution are driving record earnings, cash flow, and shareholder value for Cisco.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco expect revenue growth in fiscal year '24 compared to fiscal year '23?
### Assistant: Cisco expects modest revenue growth in fiscal year '24 compared to fiscal year '23, on top of their strong performance in fiscal year '23.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Cisco's earnings per share grow at a higher rate than revenue in Q4 fiscal year '23 and full year fiscal year '24?
### Assistant: Yes, Cisco expects their earnings per share to grow at a higher rate than revenue in Q4 fiscal year '23 and full year fiscal year '24, reflecting improving gross margins and strong expense management.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's plan for stock buybacks in the future?
### Assistant: Cisco plans to continue their stock buybacks at the higher levels seen over the last two quarters.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who does Cisco thank for their focus and execution?
### Assistant: Cisco thanks their teams for their focus and execution, as well as their customers and partners for the trust they've placed in them.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What areas does Cisco's long-established leadership and networking cover?
### Assistant: Cisco's long-established leadership and networking cover the areas of cloud, AI, and security.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Chief Financial Officer of Cisco?
### Assistant: The Chief Financial Officer of Cisco is Scott Herren.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's Q3 revenue perform compared to expectations?
### Assistant: Cisco's Q3 revenue performed better than expectations, delivering a record quarter that exceeded both their top- and bottom-line expectations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Cisco's total revenue in the record quarter?
### Assistant: Cisco's total revenue in the record quarter was 14.6 billion, up 14% year on year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much was Cisco's non-GAAP net income in the record quarter?
### Assistant: Cisco's non-GAAP net income in the record quarter was 4.1 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Cisco's non-GAAP earnings per share in the record quarter?
### Assistant: Cisco's non-GAAP earnings per share in the record quarter was $1, up 15%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Cisco's total product revenue increase in Q3?
### Assistant: Cisco's total product revenue increased by 17% in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the growth rate of Cisco's Secure Agile Networks business in Q3?
### Assistant: The growth rate of Cisco's Secure Agile Networks business in Q3 was 29%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which products drove the growth in switching revenue for Cisco?
### Assistant: The growth in switching revenue for Cisco was driven by their Catalyst 9000, Meraki, and Nexus 9000 offerings.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What drove the growth in enterprise routing for Cisco?
### Assistant: The growth in enterprise routing for Cisco was primarily driven by strength in their Catalyst 8000 series routers, SD-WAN, and IoT routing.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which products drove the growth in wireless revenue for Cisco?
### Assistant: The growth in wireless revenue for Cisco was driven by their Wi-Fi 6 products and Meraki wireless offerings.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Cisco's Internet for the future revenue increase in Q3?
### Assistant: Cisco's Internet for the future revenue increased by 5% in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What drove the decline in collaboration revenue for Cisco?
### Assistant: The decline in collaboration revenue for Cisco was driven by declines in collaboration devices and meetings, offset slightly by growth in calling and contact center.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What drove the growth in end-to-end security revenue for Cisco?
### Assistant: The growth in end-to-end security revenue for Cisco was driven by their unified threat management and zero trust offerings.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What drove the growth in optimized application experiences revenue for Cisco?
### Assistant: The growth in optimized application experiences revenue for Cisco was driven by growth across the portfolio, including double-digit growth in ThousandEyes.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's ARR and product ARR perform in the transformation metrics?
### Assistant: Cisco's ARR (Annual Recurring Revenue) and product ARR performed solidly in the transformation metrics, with ARR increasing by 6% and product ARR growth of 10%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Cisco's total software revenue increase in Q3?
### Assistant: Cisco's total software revenue increased by 18% in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What percentage of Cisco's software revenues were subscription-based?
### Assistant: 82% of Cisco's software revenues were subscription-based.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's total subscription revenue perform in Q3?
### Assistant: Cisco's total subscription revenue increased by 11% in Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's non-GAAP gross margin compare to guidance and the previous year?
### Assistant: Cisco's non-GAAP gross margin came in at 65.2%, exceeding the high end of their guidance range, but down 10 basis points year over year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Cisco's non-GAAP operating margin for the quarter?
### Assistant: Cisco's non-GAAP operating margin for the quarter was 33.9%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's non-GAAP operating margin compare to the previous year?
### Assistant: Cisco's non-GAAP operating margin was down 80 basis points year over year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's backlog for hardware and software products compare to historical levels?
### Assistant: Cisco's backlog for both hardware and software products significantly exceeded historical levels.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco manage to meet customer needs despite a decline in backlog levels?
### Assistant: Despite a decline in backlog levels, Cisco was able to meet customer needs by accelerating shipments of their aged backlog.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expectation for its product backlog at the end of the year?
### Assistant: Cisco expects to exit the year with roughly double their normal product backlog.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is backlog included in Cisco's remaining performance obligations?
### Assistant: No, backlog is not included as part of Cisco's 32 billion in remaining performance obligations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Cisco's total cash, cash equivalents, and investments at the end of Q3?
### Assistant: Cisco had total cash, cash equivalents, and investments of 23.3 billion at the end of Q3.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Cisco's operating cash flow for the quarter compare to the previous year?
### Assistant: Cisco's operating cash flow for the quarter was up 43% year over year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What contributed to the increase in Cisco's operating cash flow?
### Assistant: Strong collections and the deferral of Q3 federal tax payment contributed to the increase in Cisco's operating cash flow.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did the deferral of Cisco's Q3 federal tax payment impact its operating cash flow?
### Assistant: The deferral of Cisco's Q3 federal tax payment had a positive impact of approximately 20 points of growth year over year on Q3 operating cash flow.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Cisco return to shareholders during the quarter?
### Assistant: Cisco returned 2.9 billion to shareholders during the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much stock purchase authorization does Cisco have remaining?
### Assistant: Cisco ended the quarter with 12.2 billion in remaining stock purchase authorization.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much has Cisco returned to shareholders year to date?
### Assistant: Cisco has returned a total of 7.7 billion to shareholders year to date.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the purpose of Cisco's acquisition of Valtix?
### Assistant: The acquisition of Valtix strengthens Cisco's security portfolio.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco plan to shift its business model?
### Assistant: Cisco plans to shift its business model to more recurring revenue while making strategic investments in innovation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's revenue growth guidance for fiscal Q4?
### Assistant: Cisco's revenue growth guidance for fiscal Q4 is expected to be in the range of 14% to 16%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expected non-GAAP gross margin for fiscal Q4?
### Assistant: Cisco's expected non-GAAP gross margin for fiscal Q4 is in the range of 64.5% to 65.5%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expected non-GAAP operating margin for fiscal Q4?
### Assistant: Cisco's expected non-GAAP operating margin for fiscal Q4 is in the range of 34% to 35%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expected non-GAAP earnings per share range for fiscal Q4?
### Assistant: Cisco's expected non-GAAP earnings per share range for fiscal Q4 is $1.05 to $1.07.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Cisco's fiscal year guidance for fiscal '23 compare to previous guidance?
### Assistant: Cisco's fiscal year guidance for fiscal '23 has been raised and now expects revenue growth to be in the range of 10% to 10.5% year on year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expected revenue growth for fiscal '23?
### Assistant: Cisco's expected revenue growth for fiscal '23 is in the range of 10% to 10.5% year on year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's expected non-GAAP earnings per share range for fiscal '23?
### Assistant: Cisco's expected non-GAAP earnings per share range for fiscal '23 is $3.80 to $3.82.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contribute to Cisco's guidance ranges?
### Assistant: Cisco's guidance ranges are driven by healthy backlog, ARR, RPO, and improving availability of supply, providing significant visibility.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Cisco's outlook for revenue growth in fiscal '24?
### Assistant: As of now, Cisco sees modest revenue growth in fiscal '24 on top of their strong performance in fiscal '23.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What can be expected in terms of Cisco's stock buybacks in the future?
### Assistant: Cisco plans to continue their stock buybacks at the higher level seen over the last two quarters.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors are affecting demand for Cisco?
### Assistant: The factors affecting demand for Cisco are the digestion of backlog orders by customers, decreased lead times for products, and macro conditions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How have lead times for Cisco products changed in the last two quarters?
### Assistant: Lead times for Cisco products have come down 40% over the last two quarters on a weighted basis.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Are the year-over-year sales figures for Cisco difficult to determine?
### Assistant: Yes, the year-over-year sales figures for Cisco are difficult to determine.