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.

Author: Krantz, Matt

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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.

Author: Krantz, Matt
Other Measuring and Controlling Device Manufacturing, Fiber Optic Accessories/Test Eqp, Fiber optic equipment, Fiber optic test equipment, JDS Uniphase

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Cisco reports earnings fell 99%

Article Abstract:

Cisco Systems reported that it merely broke even for the latest quarter.

Author: Krantz, Matt
Telephone and telegraph apparatus, CSCO

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Subjects list: United States, Data communications equipment, Cisco Systems Inc.
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