Cisco Systems Inc. reported a profit increase for the second quarter, with earnings of $3.175 billion or $0.80 per share, up from $2.428 billion or $0.61 per share last year. Revenue also rose 9.7% to $15.349 billion from $13.991 billion. The company’s adjusted earnings were $4.143 billion or $1.04 per share.
Looking ahead, Cisco Systems Inc. provided guidance for the next quarter, with an EPS range of $1.02 to $1.04 and revenue range of $15.4 billion to $15.6 billion. Full year EPS guidance is $4.13 to $4.17, with revenue expected to be between $61.2 billion and $61.7 billion.
Read more at Nasdaq: Cisco Systems Inc. Bottom Line Climbs In Q2
