Cisco beats earnings expectations
Article Abstract:
Cisco Systems registered earnings of 3 cents per share for the quarter ending Apr 28, 2001, including interest income but excluding special and restructuring charges. The networking giant managed to beat analysts' expectations by a penny per share, but revenues declined by 30% to $4.7 billion from the previous quarter. Cisco CEO John Chambers said it is still possible that the company would sustain 30 to 50% annual growth rates but did not say when this would happen. Its share declined by 3% to $19.74 per share at end of trading on May 8, 2001.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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JDS Uniphase bucks trend with upbeat earnings report
Article Abstract:
JDS Uniphase, a supplier of components used for fiber-optic networks, announced on Oct 26, 2000 that its third-quarter earnings and revenue were better than analysts' projections. The company's revenue of $787 million was 23% higher than in the previous quarter and topped Wall Street's expectations by about $30 million. Its earnings of $117 million or $0.18 per share beat analysts' predictions by $0.02. The company also said that it expects better results by the end of FY 2000.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Cisco reports earnings fell 99%
Article Abstract:
Cisco Systems reported that it merely broke even for the latest quarter.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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