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

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(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. 
Source: Industry News (syndicated from Telecompaper.com)

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