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SAN FRANCISCO (MarketWatch) - Cisco Systems on Wednesday reported a fiscal
second-quarter profit of $1.4 billion, or 27 cents a share, compared with a
profit of $3.1 billion, or 59 cents a share. Revenue slipped to $11.2
billion from $12.1 billion. Adjusted profit was 47 cents a share. Analysts
polled by FactSet on average were expecting Cisco to report a profit of 46
cents a share, on revenue of $11.04 billion. Shares of Cisco were down a
fraction after-hours.
second-quarter profit of $1.4 billion, or 27 cents a share, compared with a
profit of $3.1 billion, or 59 cents a share. Revenue slipped to $11.2
billion from $12.1 billion. Adjusted profit was 47 cents a share. Analysts
polled by FactSet on average were expecting Cisco to report a profit of 46
cents a share, on revenue of $11.04 billion. Shares of Cisco were down a
fraction after-hours.
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