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flag Cisco reports strong Q4 earnings, beats estimates, despite some investors reducing holdings.

flag Cisco Systems reported a strong Q4 with earnings of $0.96 per share, beating estimates by $0.04, and an 11.4% increase in revenue to $14.15 billion. flag Despite this, Stablepoint Partners reduced its holdings by 14.8%, while Vest Financial and Annex Advisory increased their stakes. flag Cisco also announced a quarterly dividend of $0.41 per share and a share buyback program allowing it to repurchase up to 6% of its shares.

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