Cisco Reports Solid Earnings. The Stock Is Rising.
In This Article:
Cisco Systems beat third-quarter earnings expectations Wednesday afternoon. Adjusted earnings-per-share were strong at 96 cents versus Wall Street’s consensus estimate of 92 cents, according to FactSet, and up from 88 cents last year. The midpoint of its projected revenue is $14.6 billion, ahead of expectations for $14.5 billion.
Terms and Privacy Policy