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Cisco Systems beat Q1 earnings estimates, as some investors buy in and others sell.
Capital Investment Advisory Services LLC has increased its holdings of Cisco Systems by buying 1,085 shares, while Compton Wealth Advisory Group LLC and Ifrah Financial Services Inc. have both reduced their holdings.
Cisco's Q1 earnings were $0.96 per share, surpassing estimates, with revenue up 11.4%.
The company has a $275.77 billion market cap and pays a $1.64 annual dividend, yielding 2.35%.
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Cisco Systems superó las estimaciones de ganancias de Q1, ya que algunos inversores compran y otros venden.