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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 70.78-1.9%12:24 PM EST

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From: Sr K8/14/2013 5:34:47 PM
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Cisco beats EPS by $.01 and revenues by $.01 billion:

4:08PM Cisco Systems beats by $0.01, reports revs in-line ( CSCO) 26.38 +0.06 : Reports Q4 (Jul) earnings of $0.52 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.51; revenues rose 6.2% year/year to $12.42 bln vs the $12.41 bln consensus.

Cash flows from operations were $4.0 billion for the fourth quarter of fiscal 2013, compared with $3.1 billion for the third quarter of fiscal 2013, and compared with $3.1 billion for the fourth quarter of fiscal 2012.

Cash and cash equivalents and investments were $50.6 billion at the end of the fourth quarter of fiscal 2013, compared with $47.4 billion at the end of the third quarter of fiscal 2013, and compared with $48.7 billion at the end of the fourth quarter of fiscal 2012.

Cisco repurchased ~47 million shares of common stock under the stock repurchase program at an average price of $24.80 per share for an aggregate purchase price of $1.2 billion.

EDIT
5:47 PM

down 9.2% AH on outlook

blogs.wsj

4:25 pm
Aug 14, 2013
NEWS MAKERS

Cisco to Cut 4,000 Jobs, Gives Weak Outlook
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