Filed under: Earnings Reports, Cisco Systems (CSCO), Technology
Cisco Systems, Inc. (CSCO), an expert in networking, posted Q2 results on Wednesday after the bell. Judging by the data, the tech company is holding up okay.
The top line saw an increase of 8%. Net income came in at 40 cents per share, a 25% jump compared to the year-ago number. According to our earnings preview, 35 cents per share was the figure to beat. Score one for management.
Continue reading Cisco Increases Q2 Profit, Stock Flat on the News
Cisco Increases Q2 Profit, Stock Flat on the News originally appeared on BloggingStocks on Thu, 04 Feb 2010 18:00:00 EST. Please see our terms for use of feeds.
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