Cisco reports Q2 earnings: a beat on revenue and profits
Feb 16, 2017, 02:41 IST
Cisco just announced its second quarter earnings and we're sifting through them now.
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It reported:
- Q2 adjusted EPS of $0.57. The street was looking for $0.56 so that's a beat.
- It reported sales of $11.6 billion vs estimates of $11.55 billion, another beat.
Analysts will be looking at the top line. They anticipated that this will be its fifth consecutive quarterly decline.
More to come.