Cisco Systems tops analysts’ estimates for earnings and revenue in Q1

Cisco Systems Inc. (NASDAQ: CSCO) published its earnings report for the fiscal first quarter on Thursday that topped analysts’ estimates for earnings and revenue. In the prior quarter (Q4), Cisco had reported a 22% increase in its per-share earnings. Cisco was reported about 8% up in after-hours trading on Thursday. At £31.60 per share, shares of the company are now close to 15% down year to date in the stock market after recovering from a low of £25.20 per share in March, when the impact of the Coronavirus pandemic was at its peak. Cisco’s Q1 financial results versus analysts’ estimates