All Systems Go at Cisco (The Motley Fool)
13th Nov 2006, 17:00 GMT
The Motley Fool - Networking powerhouse Cisco Systems (Nasdaq: CSCO - News) came through with a brilliant quarterly report last Thursday, sending the share price up by 9% overnight. The numbers were great, as sales spiked 25% over the first quarter of last year and EPS jumped even higher with a 30% boost. Even if you backed out the $584 million of sales contributed by high-profile acquisition Scientific-Atlanta, you'd still get a 16% organic revenue growth figure. Not too shabby for a company with $8.1 billion in quarterly sales and a gargantuan $162 billion market cap.
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