On February 13th, Cisco’s second quarter revenue was $13.99 billion, with analysts expecting $13.87 billion; Q2 product revenue was $10.23 billion, with analysts expecting $9.99 billion; Second quarter service revenue was $3.76 billion, with analysts expecting $3.74 billion; At the end of the second fiscal quarter, the remaining debt was 41.27 billion US dollars, an increase of 16% compared to the same period last year. The board of directors has authorized an additional $15 billion stock repurchase plan. Expected adjusted EPS for the whole year is $3.68-3.74, compared to the company’s original estimate of $3.60-3.66; Expected annual revenue of $56 billion to $56.5 billion, compared to the company’s original estimate of $55.3 billion to $56.3 billion; Expected revenue for the third quarter is $13.9-14.1 billion, with analysts expecting $13.88 billion.
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