Cisco posts strong Q1 earnings

Filed under: Earnings reports, Forecasts, Good news, Cisco Systems (CSCO), Market matters, Technology, Recession

Following today's market close, technology giant Cisco Systems (NASDAQ: CSCO) had its chance to impress Wall Street with its fiscal first quarter results, and the company did not disappoint.

Going into this afternoon's earnings report, analysts had been expecting to see the company show earnings of 31 cents per share, but the company surprised to the upside by posting actual earnings of 36 cents per share for its fiscal first quarter. For the same period last year the company had earnings of 42 cents per share.

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Cisco posts strong Q1 earnings originally appeared on BloggingStocks on Wed, 04 Nov 2009 18:00:00 EST. Please see our terms for use of feeds.

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