Cisco Systems Inc. Q4 Earnings Rise 6%

(RTTNews) - Cisco Systems Inc. (CSCO) released a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line came in at $3.19 billion, or $0.63 per share. This was higher than $3.01 billion, or $0.59 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.6% to $12.64 billion. This was down from $12.84 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q4): $3.19 Bln. vs. $3.01 Bln. last year. -Earnings Growth (Y-o-Y): 6.0% -EPS (Q4): $0.63 vs. $0.59 last year. -EPS Growth (Y-o-Y): 6.8% -Analysts Estimate: $0.60 -Revenue (Q4): $12.64 Bln vs. $12.84 Bln last year. -Revenue Change (Y-o-Y): -1.6%

-Guidance: Next quarter EPS guidance: $0.58 - $0.60