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To: Connor26 who wrote (6032)11/6/2000 4:39:21 PM
From: Connor26  Respond to of 8046
 
different story - CSCO
Last Update: 4:28 PM ET Nov 6, 2000:

Monday, November 06, 2000

Cisco beats earnings number
--4:28 pm - By Mike Tarsala
Networking giant Cisco's earnings beat Wall Street expectations by a penny, as the company's results were fueled by 60 percent sales growth. Pro forma net income, including charges, rose 67 percent to $1.36 billion, or 18 cents a share, compared with pro forma net income of $814 million or 11 cents a share in the year-ago quarter. Wall Street expected the company to report net income of about $1.2 billion, or 17 cents a share, according to First Call. Sales came in at $6.52 billion vs. $3.92 billion for the same period last year. Analysts expected revenue to be about $6.4 billion.