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Cisco Systems Inc. Q4 adjusted earnings Beat Estimates

Cisco Systems Inc. (CSCO) reported earnings for fourth quarter that decreased from last year.

The company's bottom line came in at $2.2 billion, or $0.51 per share. This compares with $3.8 billion, or $0.81 per share, in last year's fourth quarter.

Excluding items, Cisco Systems Inc. reported adjusted earnings of $3.6 billion or $0.83 per share for the period.

Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $13.4 billion from $12.8 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q4): $3.6 Bln. vs. $3.3 Bln. last year.
-EPS (Q4): $0.83 vs. $0.70 last year.
-Analysts Estimate: $0.82
-Revenue (Q4): $13.4 Bln vs. $12.8 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.80 - $0.82

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