Cisco Beats Earnings Expectations
Cisco Systems Inc. Tuesday reported mixed results for its second fiscal quarter of 2003, which ended Jan. 25.
The San Jose, Calif., networking behemoth beat Wall Street earnings expectations by a penny, reporting 14 cents a share in earnings - compared with 8 cents a share in the first quarter. But revenues, at $4.7 billion, were off slightly from Wall Street projections, and down from both the first quarter of fiscal 2003 and the same quarter a year earlier.
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