Cisco Systems reported first-quarter revenue of $18.5 billion, with analysts expecting $18.13 billion.

BlockBeats news, November 13: Cisco Systems reported first-quarter revenue of $18.5 billion, versus analyst expectations of $18.13 billion. First-quarter service revenue was $3.85 billion, versus analyst expectations of $3.83 billion. First-quarter earnings per share (EPS) were $1.40, versus analyst expectations of $1.32. Full-year revenue is expected to be $5.47-$5.53 billion, compared with the company's original forecast of $5.05-$5.11 billion.

Full-year adjusted EPS is expected to be $5.47-$5.53, compared with the company's original forecast of $5.05-$5.11. Second-quarter revenue is expected to be $18.0-$18.2 billion, versus analyst expectations of $17.85 billion. Second-quarter adjusted EPS is expected to be $1.34-$1.36, versus analyst expectations of $1.23.