Wednesday, February 11, 2015

Cisco revenue rises 7 percent on higher demand for switches, routers

A Cisco logo is seen at its customer briefing centre in Beijing, November 14, 2013. REUTERS/Kim Kyung-Hoon



A Cisco logo is seen at its customer briefing centre in Beijing, November 14, 2013.


Credit: /Kim Kyung-Hoon






- Network equipment maker Cisco Systems Inc CSCO.O reported a 7 percent rise in quarterly revenue, helped by higher demand for switching equipment and routers.

The company's net profit rose to $2.4 billion, or 46 cents per share, in the second quarter ended Jan. 24, from $1.43 billion, or 27 cents per share, a year earlier.


Revenue rose to $11.94 billion from $11.16 billion.


No comments:

Post a Comment