Cisco Stock Rises on Strong Earnings and a Growing Buyback – Barrons

Cisco Systems shares are trading higher after the company posted better-than-expected results for its fiscal second quarter ended in January.

The networking hardware and software giant posted revenue of $12.7 billion, up 6% from a year ago and towards the high end of the company’s guidance range, which called for growth of 4.5% to 6.5%.

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