Cisco Beats Estimates, Stock Up 5% AH (CSCO)

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 |  About: Cisco Systems, Inc. (CSCO)
by: Dealing Floor

From DealingFloor: Cisco (+5.5% after hours) reported earnings of $1.38b or $0.22 a share, $0.26 excluding stock option expenses (consensus $0.25). Sales rose 9% to $6.63b. Gross profit margins increased to 68%. CEO Chambers said this quarter will be strong and revenue growth will accelerate for the next two periods.

Resources: press release, presentation (PDF), fact sheet.