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Notes on Cisco’s Second Quarter Earnings Report

The Wall Street Journal’s Marketbeat, commenting on the earnings report, noted”for Cisco Systems, it must look like the old days.” The blog also noted that Cisco’s stock has managed to gallop nearly 60% since hitting a low on July 21,”as investors jumped back into technology stocks with a vengeance.”The Tech Trader Daily also weighed in with good words for the earnings report, noting that”revenue of $8.4 billion beat the consensus of $8.28 billion; pro forma EPS of 33 cents a share was two cents ahead of the Street.”For those wanting the blow-by-blow coverage of the earnings conference call with analysts, check out AOL’s bloggingstocks.

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