Cisco Systems (NASDAQ:CSCO) reported quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $1.03 by 2.91 percent. This is a 10.42 percent increase over earnings of $0.96 per share from the same period last year. The company reported quarterly sales of $15.841 billion which beat the analyst consensus estimate of $15.558 billion by 1.82 percent. This is a 11.96 percent increase over sales of $14.149 billion the same period last year.