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Cisco's Quarter Tops Expectations

Published on May 11, 2011
by Voices

Cisco shares initially started moving up in after-hours trading following quarterly results that exceeded analysts’ predictions. The company reported adjusted net income of $2.3 billion, or 42 cents per share, on sales of $10.9 billion, a five percent increase year-over-year. Analysts had been looking for 37 cents a share, on revenue of $10.87 billion.

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URL: http://allthingsd.com/20110511/ciscos-quarter-tops-expectations/