Cisco First-Quarter Profits Up 29 Percent
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Cisco Systems Inc.'s fiscal first-quarter profits jumped 29 percent as the network equipment giant reported continued strength in its traditional markets as well as emerging technologies such as Internet telephones, wireless and home networking gear.
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Building and auto systems maker Johnson Controls Inc. said Friday its fiscal first-quarter profit rose 45 percent on growth across all divisions.
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Cisco (CSCO:Nasdaq - news - research) disappointed Wall Street Tuesday with a first quarter profit that was merely in line with estimates, rather than the customary penny ahead.
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Stocks rose on Wednesday, driving the Dow Jones industrial average to a record high, after a strong profit and outlook from Cisco Systems Inc.  boosted optimism about corporate profits.
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Cisco Systems' fiscal first-quarter profits jumped 29% as the network equipment giant saw growth in its traditional routing markets as well as its emerging technologies like Internet telephone and home networking gear.
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Cisco Systems Inc., the biggest maker of equipment that directs data over the Internet, on Tuesday said quarterly earnings rose 29 percent on stronger demand for its networking gear.
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Cisco Systems stepped up its commitment to helping partners deliver services with last week&#39;s acquisition of publicly traded managed service provider NetSolve in a deal valued at nearly $200 million.
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By JORDAN ROBERTSON  SAN FRANCISCO - Cisco Systems Inc.'s second-quarter profit surged nearly 40 percent as the world's largest maker of networking gear benefited from equipment upgrades to support bandwidth-hogging video downloads.  For the quarter ended Jan.
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Cisco Systems Inc has posted an unexpected 40% profit jump on 27% higher sales for its second fiscal quarter.
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Network equipment maker Juniper  Networks Inc. JNPR.O on Thursday said quarterly earnings  rose, driven by good results in its mainstay routing and  security markets.
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Stocks opened higher on Wednesday as solid earnings from Cisco Systems Inc.  and data showing unexpected weakness in labor cost growth and a surprisingly strong jump in productivity boosted investor optimism.
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Cisco Systems (nasdaq: CSCO - news - people ) posted first-quarter results Tuesday, and investors are likely jumping like the firm&#39;s financials: Profit rose 29%, as the network equipper cited strong activity in both its traditional arenas as well as in
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Cisco Systems Inc. surprised investors  on Tuesday with a stronger-than-expected outlook and quarterly  profit as demand for network equipment to handle Web traffic  showed no signs of weakening, driving its shares up 5 percent.
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Cisco Systems Inc. , the largest maker of communications gear to direct traffic over the Internet, on Tuesday said quarterly earnings rose, benefiting from higher sales in advanced technologies and the impact of a year-earlier accounting change.
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The company posted first-quarter net income of $949 million, fueled by strong demand from telecommunications customers and a tax benefit.
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Cisco Systems Inc. csco.o on Tuesday   reported quarterly revenue and income that exceeded market   expectations as companies upgraded their networks, sending its   shares up 9 percent.
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Spray maker announces its first-quarter earnings are up 28.4%.