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When Cisco reported fiscal Q1, it gave Q2 revenue guidance for expansion of 3.5% to five.5%, and earnings per share of $0.47 to $0.48. Analysts currently are slightly above the revenue midpoint, at 4.6% growth, and are on the lookout for $0.48 per share. One negative was that Cisco guided gross margins to be numerous 61%62%, down slightly from FQ1's 62.7%.
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