In this article

CSCO

Follow your favorite stocks CREATE FREE ACCOUNT

Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose more than 7% in extended trading.

Here's how the company did in comparison with consensus estimates from LSEG:

Earnings per share: $1 adjusted vs. 98 cents expected

Revenue: $14.88 billion vs. $14.77 billion expected

Revenue increased 8% from $13.84 billion in the same period a year earlier, Cisco said in a statement . Net income climbed to $2.86 billion, or 72 cents per share, from $2.71 billion, or 68 cents per share, a year ago.

It's the fourth straight quarter of growth for Cisco following a stretch of four consecutive year-over-year revenue declines , as the company contended with

See Full Page