Cisco Systems Inc. Reveals Gain In Q2 Profit

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(RTTNews.com) - Cisco Systems Inc. ( CSCO ) reported earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line came in at $3.1 billion, or $0.63 per share. This was up from $2.9 billion, or $0.57 per share, in last year's second quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.6% to $11.9 billion. This was up from $11.6 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q2): $3.1 Bln. vs. $2.9 Bln. last year.
-Earnings Growth (Y-o-Y): 6.9%
-EPS (Q2): $0.63 vs. $0.57 last year.
-EPS Growth (Y-o-Y): 10.5%
-Analysts Estimate: $0.59
-Revenue (Q2): $11.9 Bln vs. $11.6 Bln last year.
-Revenue Change (Y-o-Y): 2.6%


Next quarter EPS guidance: $0.64 - $0.66

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: CSCO ,

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