Revenue rose 18.1 percent to $9.4 billion. Analysts on average expectedHey they beat their own revenue growth estimates. I guess all those routers and such are just flying off of the shelf. It looks like Options guys front ran this one to the tune of 74,000 contracts trading on the 30 and 32.50 August Calls. If tomorrows trades match todays after market move (+1.72 to 31.42) then the investors holding that 30 strike will be in the green.
revenue of $9.275 billion.
In May, Cisco Chief Executive John Chambers forecast fourth-quarter
revenue growth in a range of 15 percent to 16 percent.
Tuesday, August 07, 2007
CSCO Beat Estimates
It looks like they had a pretty good quarter for the most part.
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