Cisco just announced its second quarter earnings and we’re sifting through them now.
- Q2 adjusted EPS of $US0.57. The street was looking for $US0.56 so that’s a beat.
- It reported sales of $US11.6 billion vs estimates of $US11.55 billion, another beat.
Analysts will be looking at the top line. They anticipated that this will be its fifth consecutive quarterly decline.
More to come.