Cisco Systems 2Q profit jumps 40 percent
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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.
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Cisco Systems Inc. CSCO.O, 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' profits jump 40 percent jump as cable operators and phone companies upgraded their networks to carry more video services.
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, beating Wall Street expectations on especially strong demand in overseas markets.
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Juniper Networks Inc , the world's second-largest network equipment maker, on Tuesday reported higher quarterly profit as telecommunications companies bought more equipment to handle growing Internet traffic.
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The cable operator reported fourth-quarter net income of $602 million on solid revenue gains as customers spent more for cable TV. The company also said it will start paying a quarterly dividend.
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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 rising demand for its networking gear.
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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 world's largest networking equipment maker, said Wednesday its fiscal second quarter profit climbed 7 percent, fueled by sales of a wide range of products and a broad customer base.
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Cisco Systems, the largest maker of Internet networking equipment, reported Tuesday that its first-quarter profit rose 29 percent, squarely in line with Wall Street forecasts.
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Second-quarter profit rose 16 percent as higher prices overshadowed an increase in advertising costs.
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Great quarter Cisco has had a good quarter, correction, a bloody good quarter, with Q2 net income 40 per cent up on last year to $1.9bn and sales up 20 per cent to $8.4bn. Scientific Atlanta, bought in fiscal Q3 last year, brought in net sales of $639m in this quarter ended January 27.â¦
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Cisco Systems, the largest maker of Internet networking equipment, said its first-quarter profit rose 29 percent.
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Cisco Systems Inc. (CSCO), the biggest maker of equipment that directs data over the Internet, on Tuesday said quarterly earnings rose 29 percent on stronger demand for
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The company said its fourth-quarter earnings rose 43 percent, beating estimates, on increased merger advisory fees.
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Cisco Systems Inc. on Tuesday reported significant gains in earnings and revenue for its fiscal 2005 first quarter that met analyst expectations.
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The online retailer announced Tuesday that its second-quarter net income increased more than threefold, with revenue up 35 percent.