Cisco Systems (CSCO) comes in a penny above estimates

Posted Aug 7th 2007 4:25PM by Michael Fowlkes
Filed under: After the Bell, Earnings Reports, Cisco Systems (CSCO)

Cisco Systems (NASDAQ: CSCO) reported its fiscal fourth quarter earnings excluding one-time items of 36 cents today following the close, one cent better than the 35 cents analysts had expected.

So far in after hours trading the stock has remained flat. Before today's earnings annoucment, Cisco rose 19 cents to $26.69, up 0.6%.

At 4:30 PM EDT the company is going to be hosting its quarterly conference call, and we will be liveblogging the call in its entirety. Be sure to check back for up- to-the-minute coverage on today's call, where we will get a little more insight into this most recent quarter.

Michael Fowlkes has worked as a stock trader for seven years and spent the last two years working as an analyst for the online investment advisory service Investor's Observer.

Tags: csco, earnings, internet, inthenews, john chambers, JohnChambers, nasdaq, tech, tech companies, TechCompanies