Cisco Shares Surge on Earnings Beat - Presented by: The Aol. On Network

Cisco shares are soaring after the company's earnings beat analysts’ estimates. Cisco surprised the Street with earnings of $0.51 a share, 3 cents higher than estimates. However, revenues of $11.5 billion were lower than last year's $12.2 billion and it’s not getting any better. Next quarter, the company forecasts revenues will be down 5-percent from the same quarter a year ago.



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As of 4/29/2016, 12:41 PM