Friday, July 11, 2014





Cisco posts higher 4Q earnings, revenue


August 14. 2013 4:40PM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) Cisco grew its earnings and revenue in the latest quarter as demand for its computer networking equipment grew.


Cisco Systems Inc. earned $2.23 billion, or 42 cents per share, in the three months that ended on July 27. That's up from $1.92 billion, or 36 cents per share, a year earlier.


Adjusted earnings were 52 cents per share in the latest quarter, squeaking past Wall Street's expectations by a penny.


Revenue rose 6 percent to $12.42 billion from $11.69 billion.


FactSet says analysts expected revenue of $12.41 billion.


Cisco's performance is widely regarded as a bellwether for the technology industry. That's because the San Jose, California, company cuts a broad swath, selling routers, switches, software and services to corporate customers and government agencies.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds