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Cisco beats Q1 expectations with 8% sales growth, EPS up 60%

2018-11-15 08:45:00| Telecompaper Headlines

(Telecompaper) Cisco reported a strong start to its fiscal year, with revenue in the October quarter up 8 percent year-on-year to USD 13.1 billion. Net profit rose 48 percent to USD 3.5 billion, and EPS jumped 60 percent to USD 0.77. The results were better than the company's guidance. 

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