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Tuesday, May 10, 2005

Update: Earnings: All eyes on Cisco

AP
Cisco Third-Quarter Earnings Rise Slightly
Tuesday May 10, 4:35 pm ET
By Matthew Fordahl, AP Technology Writer

Excluding special items, Cisco earned $1.5 billion, or 23 cents per share,
compared with $1.36 billion, or 19 cents pre share in the same period last year.

Sales rose 10.1 percent to $6.19 billion in the third quarter of fiscal
2005 from $5.6 billion last year.
Read further:
Cisco Third-Quarter Earnings Rise Slightly

Online Trading Comment
Cisco (CSCO) beats estimates by $0.01. At first, the sotck price didn't change much. The bigger move probably comes after issuing the outlook for the next quarter (the conference call is on going). I still look CSCO optimistically.

See also:
Earnings: All eyes on Cisco

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