Cisco Systems reported Q2 FY 2017 earnings of $.0 57per share (versus $0.57 in Q2 FY 2016), beating analysts' consensus estimate of $0.56.

The company's quarterly revenues amounted to $11.580 bln (-2.9% y/y), generally in-line with analysts' consensus estimate of $11.557 bln.

The company also issued in-line guidance for Q3, projecting EPS of $0.57-0.59 versus analysts' consensus estimate of $0.58 and revenues at ~$11.76-12.0 bln (-2-0% y/y) versus analysts' consensus estimate of $11.87 bln .

Cisco increased quarterly cash dividend 12% to $0.29.

CSCO rose to $33.37 (+1.68%) in pre-market trading.