Jordan Novet / CNBC:

Cisco beats with Q1 revenue of $11.93B vs. $11.85B est., down 9% YoY, and Infrastructure Platforms revenue of $6.34B, down 16% YoY; stock up 8%+ after hours  —  – Cisco could stop the streak of revenue declines next quarter.  — The company’s revenue has now declined on an annualized basis four quarters in a row.