Cisco Systems (CSCO) February 54 straddle priced for a move of +/- 5.5% into quarter results

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Cisco (CSCO) Stock Jumps 4% on Q4 Beat

February 16, 2022 4:42 PM EST

Cisco Systems (NASDAQ: CSCO) shares were trading more than 4% after-hours following the companys reported Q2 results, with EPS coming in at $0.84, beating the consensus estimate of $0.81. Revenue grew 6% year-over-year to $12.7 billion, compared to the consensus estimate of $12.65 billion.

Product revenue grew... More