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Cisco Systems (NASDAQ:CSCO – Get Free Report) released its earnings results on Wednesday. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. Cisco Systems’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.87 EPS.
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Cisco Systems (NASDAQ:CSCO) Posts Earnings Results, Beats Expectations By $0.01 EPS
