Company News: Cisco Systems Inc (CSCO) quarterly results beat analysts’ expectations

Market news

15 November 2018

Company News: Cisco Systems Inc (CSCO) quarterly results beat analysts’ expectations

Cisco Systems Inc (CSCO) reported Q1 FY 2019 earnings of $0.75 per share (versus $0.61 in Q1 FY 2018), beating analysts’ consensus estimate of $0.72.

The company’s quarterly revenues amounted to $13.072 bln (+7.7% y/y), beating analysts’ consensus estimate of $12.861 bln.

CSCO rose to $46.10 (+3.99%) in pre-market trading.

Company News: Walmart Inc (WMT) quarterly earnings beat analysts’ estimate

Two senior members of U.K. Prime Minister Theresa May's cabinet quit Thursday over her Brexit deal, signaling turmoil within her government over her plan for the country to exit from the European Union

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