Cisco Profit, Revenue Surge in Second Quarter: NETWORKING GIANT EXPECTS STEADY GROWTH
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By Sarah Jane Tribble, San Jose Mercury News, Calif.  Feb. 7--Like a salve to Wall Street's technology-sector jitters, Cisco Systems stepped forward Tuesday to allay any fears that its growth would slow and disappoint investors.
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The company delivered the kind of growth that was expected for its second quarter.
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Cisco Systems Inc.'s fiscal first-quarter profits jumped 29 percent 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. -AP
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Cisco Systems Inc. CSCO.O, the  largest maker of communications gear to direct traffic over the  Internet, on Tuesday said quarterly earnings rose, but shares  fell in aftermarket trading amid concerns about weak revenue  and rising inventory.
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Continued improvement in its operational performance boosts second-quarter earnings.
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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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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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But the networking company&#39;s first-quarter results are the sixth straight quarter of revenue growth. By Paul Travis. Market leading networking vendor Cisco Systems on Tuesday reported that sales growth in its first fiscal 2005 quarter, ended Oct.
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Networking giant Cisco Systems posted solid financial results Wednesday, crediting the company&#39;s broad customer base and new products for strong sales growth.The company&#39;s earnings were in line with financial expectations. Excluding charges, earnings were $2.4 billion, or $0.38 per share, on $9.8 billion in revenue. Financial analysts had been expecting earnings of $0.38 per share on $9.78 billion in revenue, according to a survey by Thomson Financial.Sales were up 16.5 percent year over year for Cisco&#39;s second fiscal quarter of 2008, which ended Jan. 26.Cisco, the world&#39;s largest router manufacturer, has benefitted from the growth of Internet traffic over the past decade and -- more recently -- from the flurry of investments in Web 2.0 technologies. But there have been signs recently that growth may be slowing in this area. Just last week, Google alarmed Wall Street by&#160;falling just short of expectations, and worries of a U.S. recession may have caused jitters in U.S. stock markets recently.In a statement, Cisco chairman and CEO John Chambers expressed optimism for the months ahead, however. &quot;Our innovation pipeline is in excellent shape,&quot; he said, &quot;and execution against our long-term strategy remains unwavering.&quot;
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InfoWorld - Networking giant Cisco Systems posted solid financial results Wednesday, crediting the company's broad customer base and new products for strong sales growth.
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Revenue for the network computer maker rose year over year for the second consecutive quarter after three years of declines, the company said today.
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The network equipment maker reported that its quarterly net income grew 7.2 percent amid growing concern that economic weakness could affect technology spending.
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Cisco Systems, the IT systems producer, records a strong start to the year with first quarter profits rising 29%.
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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 yesterday reported net revenue of $6 billion for its first quarter, a slight uptick compared with the previous quarter but 17.1% more than in the year-ago quarter.
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Cisco Systems, the maker of Internet networking equipment, said that it was on track to meet Wall Street's estimates for 13 percent growth in revenue for fiscal 2005.
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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.