Juniper Earnings Rise
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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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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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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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Juniper Networks reported a second-quarter profit of $86.2 million, on a more-than-expected revenue increase of 17 percent.
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SAN ANTONIO -- AT&T Inc. posted a 61 percent increase in second-quarter earnings on Tuesday, lifted primarily by its buyout of BellSouth Corp. but also aided by faster growth in its Internet protocol services and by a gain in wireless subscribers.
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The software company's stock rises on improved second-quarter numbers.
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Lucent Technologies&#39; quarterly earnings rose sharply, helped by improvement in its wireless networks business and lower costs, the company said Wednesday.
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Stocks rose on Thursday as forecast-topping results from multinational companies such as IBM and Juniper Networks Inc.  shifted investor focus back to corporate profits and away from subprime mortgage concerns.
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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 Inc. said on Tuesday its quarterly net profit rose as customers bought more network equipment in response to growing Internet traffic.
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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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Network equipment maker Cisco Systems  Inc.  on Tuesday reported fiscal fourth quarter revenue  and income rose more than expected as companies upgraded their  networks.
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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 Inc. , the largest maker of communications gear to direct traffic over the Internet, on Tuesday said quarterly earnings rose, but shares fell in after market trading amid concerns about weak revenue and rising inventory.
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Oracle Corp.  on Thursday  posted a higher quarterly profit, helped by  stronger-than-expected new software license revenue.
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Lucent Technologies yesterday posted higher fiscal fourth- quarter earnings, helping lift the telecommunications equipment maker to its first profitable year since 2000.
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Oracle Corp. ORCL.O on Thursday   posted a higher quarterly profit, helped by   stronger-than-expected new software license revenue.