The stock was up 3.34% in after-hours trading to $54.19 , after having risen 0.81% in regular hours.
Earnings per share came in at an adjusted 78 cents, beating Wall Street estimates of 77 cents. Adjusted EPS increased 18% year-over-year. Revenue was $13 billion, outpacing analyst's expectations of $12.89 billion. Revenue grew 6% year-year-over-year. Security revenue, a segment where analysts are looking for strong growth, came in at $707 million, growing 21%, beating expectations of $676 million.
"Our strong performance in the quarter was across the business, reflecting our customers' confidence in our strategy, business model and market-leading portfolio," said Chuck Robbins, Cisco's chairman and CEO. "Technology is at the heart of our customers' strategies and we are building the technology to help them achieve their business objectives."
Management guided for revenue growth of between 4.5% and 6.5% for the fiscal fourth quarter of 2019. Adjusted EPS is expected to be between 80 cents and 82 cents, in line with analyst estimates of 81 cents.
Cisco stock is up 22% year-to-date.