Cisco Systems Inc (CSCO) earned $0.53 per share in the second fiscal quarter, beating analysts' estimate of $0.51. Revenue in the second fiscal quarter increased 7.0% year-over-year to $11.94 billion, exceeding analysts' estimate of $11.80 billion.
The company announced a 10.5% rise in its quarterly dividend to $0.21 per share.
Cisco Systems Inc (CSCO) shares increased to $28.95 (+7.50%) prior to the opening bell.