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Cisco Systems Inc. Reveals Gain In Q2 Profit

Cisco Systems Inc. (CSCO) reported earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line came in at $3.1 billion, or $0.63 per share. This was up from $2.9 billion, or $0.57 per share, in last year's second quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.6% to $11.9 billion. This was up from $11.6 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q2): $3.1 Bln. vs. $2.9 Bln. last year.
-Earnings Growth (Y-o-Y): 6.9%
-EPS (Q2): $0.63 vs. $0.57 last year.
-EPS Growth (Y-o-Y): 10.5%
-Analysts Estimate: $0.59
-Revenue (Q2): $11.9 Bln vs. $11.6 Bln last year.
-Revenue Change (Y-o-Y): 2.6%

Next quarter EPS guidance: $0.64 - $0.66

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