Company News: Cisco Systems (CSCO) quarterly earnings beat analysts’ estimate

Market news

14 February 2019

Company News: Cisco Systems (CSCO) quarterly earnings beat analysts’ estimate

Cisco Systems (CSCO) reported Q2 FY 2019 earnings of $0.73 per share (versus $0.63 in Q2 FY 2018), beating analysts’ consensus estimate of $0.72.

The company’s quarterly revenues amounted to $12.446 bln (+4.7% y/y), generally in line with analysts’ consensus estimate of $12.434 bln.

CSCO rose to $49.60 (+4.42%) in pre-market trading.

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