Cisco Systems Inc. Q2 adjusted earnings Beat Estimates

Cisco Systems Inc. (CSCO) reported a profit for second quarter that fell from last year.

The company's profit came in at $2.55 billion, or $0.60 per share. This compares with $2.88 billion, or $0.68 per share, in last year's second quarter.

Excluding items, Cisco Systems Inc. reported adjusted earnings of $3.36 billion or $0.79 per share for the period.

Analysts had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.4% to $11.96 billion from $12.01 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q2): $3.36 Bln. vs. $3.29 Bln. last year.
-EPS (Q2): $0.79 vs. $0.77 last year.
-Analysts Estimate: $0.76
-Revenue (Q2): $11.96 Bln vs. $12.01 Bln last year.

Next quarter EPS guidance: $0.80 to $0.82

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