Cisco Earnings, Revenue beat in Q2 By Investing.com

Cisco (NASDAQ:CSCO) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Cisco announced earnings per share of $0.79 on revenue of $11.96B. Analysts polled by Investing.com anticipated EPS of $0.7555 on revenue of $11.92B.

Cisco shares are up 8% from the beginning of the year and are trading at $48.44 , down-from-52-week-high.They are under-performing the Nasdaq which is up 8.69% from the start of the year.

Cisco follows other major Technology sector earnings this month

Cisco’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar