Investing.com - Cisco reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cisco announced earnings per share of $0.8 on revenue of $12.15B. Analysts polled by Investing.com EPS of $0.74 on revenue of $12.09B.
Cisco 's are down 0% and is trading at $46.28 , still down 9.38% from its 52 week high of $53.07 set on Tuesday, August 13, 2019.
Cisco shares lost 3.76% to trade at $46.28 in after-hours trade the report.
Cisco follows other major Technology sector earnings this month
Cisco's report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of $2.58 on revenue of $59.69B, EPS of $2.05 on revenue of $52.29B.
Microsoft had beat expectations on Wednesday, July 22, 2020 with fourth quarter EPS of $1.46 on revenue of $38.03B, for EPS of $1.34 on revenue of $36.54B.
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