Cisco Earnings, Sales Top Street Estimates

By CNBC | CNBC – Wed, Nov 14, 2012 5:17 AM SGT

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SymbolPriceChange
CSCO23.74-0.21

Cisco Systems reported quarterly earnings and revenue that topped analysts' expectations on Tuesday.

After the earnings announcement, the company's shares (CSCO) rose more than 1 percent in trading after the closing bell. (Click here to get the latest quotes for Cisco.)

The company's fiscal first-quarter earnings excluding items rose to 48 cents per share from 43 cents a share in the year-earlier period.

Revenue increased 6 percent to $11.88 billion from $11.26 billion a year ago.

Analysts had expected the company to report earnings excluding items of 46 cents a share on $11.77 billion in revenue, according to a consensus estimate from Thomson Reuters.




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