Zynga and Cisco Systems released their latest quarterly earnings reports after closing bell tonight. Cisco Systems posted adjusted earnings of 57 cents per share and revenue of $11.9 billion, which was flat with last year, for the second quarter of its fiscal 2016. Analysts had been looking for earnings of 54 cents per share and $11.76 billion in revenue. Reported earnings were 62 cents per share, a significant increase from the previous year’s 46 cents.

Zynga was breakeven on an adjusted basis, which was in line with consensus, but surprised on revenue, coming in at $185.5 million, compared to the consensus of $178.7 million for the fourth quarter.

Cisco Systems, Inc. Up After Earnings, Zynga Inc Falls

Cisco Systems’s profits rise

Cisco posted GAAP earnings of 62 cents per share. The GAAP gross margin was at 62.3%, with the product margin at 61.3%. GAAP operating expenses fell 7% to $4.1 billion. Deferred revenue climbed 8% to $15.2 billion.

Cisco Systems management guided for third quarter earnings of between 54 cents and 56 cents per share, which is right in line with the consensus of 55 cents, and between a 1% and 4% increase in revenue. They also raised the company’s quarterly dividend 24% and added $15 billion to its share repurchase program.

Cisco shares jumped in after-hours trades, climbing by as much as 7.11% to $24.11.

Zynga’s sales surprise

Zynga posted a GAAP loss of 5 cents per share, which was flat with the fourth quarter of 2014. The game maker reported a 63% year over year growth rate in bookings for 2015 and recorded $182 million in bookings, beating the high end of guidance, and $1.7 million in adjusted EBITDA during the fourth quarter. Zynga’s mobile bookings for the fourth quarter amounted to $134 million, making up 73% of total bookings and climbing 21% year over year. Advertising and other bookings climbed 23% year over year for the quarter. The number of daily active players declined 24% to 18 million, with daily mobile users falling 14%.

The game maker ended the year with $700 million in bookings, representing a 1% increase. Adjusted EBITDA plunged 57% to $17 million for the full year, although mobile bookings climbed 35% while web bookings fell 32%.

Zynga management expects to the first quarter to see between a loss of 1 cent per share and breakeven on an adjusted basis, which is on the weak side as consensus called for breakeven. The game maker expects between $160 million and $175 million, which also was light against the consensus of $172.3 million.

Zynga shares plunged in after-hours trades, falling by as much as 8.45% to $1.95.