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Cisco Reports Q1 FY10 Earnings
Q1 Net Sales: $9.0 billion (decrease of 13% year over year) Q1 Net Income: $1.8 billion GAAP; $2.1 billion non-GAAP Q1 Earnings per Share: $0.30 GAAP (decrease of 19% year over year); $0.36 non-GAAP (decrease of 14% year over year) Total Cash, Cash Equivalents and Investments: $35.4 billion SAN ...
Cisco Turns In Strong Earnings
Cisco Turns In Strong Earnings
businessinsider.com — Cisco turned in strong earnings this afternoon. EPS came in at $0.36 versus estimates of $0.31. Read... the rest of this story » See Also: Cisco Buys Mobile Company Starent For $2.9 Billion (CSCO, STAR) Cisco Buys Tandberg For $3 Billion (CSCO, TAA) Cisco Says Economic 'Tipping ... (more) Cisco Turns In Strong Earnings
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Cisco Profits Down, But Sees Growth Ahead
TechWeb — ... to $1.8 billion, or 30 cents a share, from $2.2 billion, or 37 cents a share. Revenue fell 13% to $9 billion from $10.3 billion. Product sales were down 17%, while service revenue rose 7.4%. However, the company saw a "clear tipping point" in the market in the previous quarter, said Cisco chairman and chief executive John Chambers. "Our Q1 results continued to reflect strong sequential growth trends that meet or exceed expectations during normal economic times," Chambers said in a statement. "We view the improving economic outlook, combined with solid execution on our ...

Cisco's Q1 Earnings Indicative of an Economic Upswing
Maximum PC all RSS Feed — ... "Our ability to launch four proposed acquisitions, the ecosystem-shifting coalition with EMC/VMware, and five new products and industry solutions into the Cisco pipeline in the past few months alone underscore this momentum," said John Chambers, Chairman and CEO of Cisco. "Our build – buy - partner innovation engine is clearly running on all cylinders, while our operational machine is pulling costs out of the business even as we scale new models for growth. Execution and results over time will demonstrate the long-term impact of this vision and ...

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