Summary
Cisco continues its impressive streak of beating estimates amid strong results.
The company’s transformation is still in full swing maintaining very assuring momentum.
The only complaint I have is Cisco’s buyback spending.
Cisco continues to shine as it posted another very strong quarter beating estimates on the top and bottom line. This continues Cisco’s uninterrupted streak of beating expectations of more than 5 years.
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Review Cisco Should Be More Prudent With Its Buybacks.