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Cisco Systems Q4 earnings increased 6%

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Staff Writer | August 17, 2016
Cisco Systems released a profit for its fourth quarter that rose compared to the same period last year.
Cisco Systems   Revenue for the quarter fell 1.6%
Cisco 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.

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 billion. vs. $3.01 billion 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 billion vs. $12.84 billion last year
-Revenue Change (Y-o-Y): -1.6%.