On Thursday afternoon, Cisco (Nasdaq: CSCO) reported October quarter (fiscal first quarter) revenue of $11.93 billion (down 9% annually) and non-GAAP EPS of $0.76 (down 10%), topping FactSet consensus estimates of $11.85 billion and $0.70. The networking giant also guided for January quarter revenue to be flat to down 2% annually, and for non-GAAP EPS to be in a range of $0.74 to $0.76. That respectively compares with consensus estimates for a 3.4% revenue drop and EPS of $0.73. Cisco stocks closed 1,68% lower at $38,67 but in the after hours session stocks are jumping 7,65% at $41,63.