Cisco’s Chambers: “It Doesn’t Get Any Better Than This”

May 13, 2010 at 7:32 am  ·  Category: Macro Economics, Market Commentary, Stocks

It doesn’t get any better than this.

– John Chambers, CEO, Cisco Systems

Blowout quarter from Cisco: Revenues up 27% year over year to peak levels seen in the May-July and August-October 2008 quarters.  Non-GAAP Net Income up 41%.  Chambers pointed out this makes four improving quarters off the bottom from a year ago (Feb-Apr 2009 quarter).

csco-16-month-chart

Disclosure: Top Gun has no position in Cisco (CSCO) shares.

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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