Cisco stock up on upbeat earnings, revenue growth forecast
SAN JOSE, Calif. – Shares of Cisco Systems Inc. rose in after-hours trading Wednesday after the internet gear maker reported better-than-expected earnings and forecast revenue growth after pamela anderson two years of decline. The San Jose, California-based company reported fiscal first-quarter profit of $2.39 billion, up from $2.32 mi vs rcb billion a taranto year ago. Cisco said its earnings adjusted for non-recurring costs and stock option expense, were 61 cents per share in the latest quarter, beating expectations of 60 cen...
