Investing.com – Cisco (NASDAQ:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Cisco announced earnings per share of $0.8 on revenue of $12.15B. Analysts polled by Investing.com anticipated EPS of $0.74 on revenue of $12.09B.
Cisco shares are down 0% from the beginning of the year and are trading at $46.28 , down-from-52-week-high.They are under-performing the Nasdaq which is up 22.73% from the start of the year.
Cisco shares lost 3.76% in after-hours trade the report.
Cisco follows other major Technology sector earnings this month
Cisco’s report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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