Wednesday, August 12, 2015

Cisco revenue rises 4 percent

Network equipment maker Cisco Systems Inc's quarterly revenue rose nearly 4 percent, helped by demand for its switching equipment and routers.The company's net income rose to $2.32 billion, or 45 cents per share, in the quarter ended July 25 from $2.25 billion, or 43 cents per share, a year earlier. Revenue rose to $12.84 billion from $12.36 billion. (Reporting By Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

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