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Company News: Cisco Systems Inc (CSCO) reported better than expected second fiscal quarter profits | 12.02.2015

 

Cisco Systems Inc (CSCO) earned $0.53 per share in the second fiscal quarter, beating analysts' estimate of $0.51. Revenue in the second fiscal quarter increased 7.0% year-over-year to $11.94 billion, exceeding analysts' estimate of $11.80 billion.

The company announced a 10.5% rise in its quarterly dividend to $0.21 per share.

Cisco Systems Inc (CSCO) shares increased to $28.95 ( 7.50%) prior to the opening bell.



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