Rolling in Cash, Cisco Puts Up a Good Quarter

Updated from 4:33 p.m. EST

Even if it wasn't the most momentous earnings report ever, it was a Cisco (CSCO Quote) classic.

The networking giant Monday afternoon posted better-than-expected first-quarter earnings, showing an unexpected sequential revenue gain. The company also guided second-quarter guidance slightly higher, though its reasoning was typically oracular. Investors were impressed, as they are wont to be these days, sending the stock up 84 cents after hours on Island to $18.75. ...