Cisco Systems Inc. (CSCO) reported third quarter adjusted EPS of $0.51 after the bell Wednesday, up from $0.48 a year ago. The consensus estimate was for EPS of $0.49.
Cisco Systems gapped open sharply higher Thursday and posted gains in early trade, before settling into a range. Shares finished up by 2.68 at $23.89 on the highest volume of the year. The stock broke out past resistance and set a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.