Podcast Alert: Cisco Reports Second Quarter FY07 Earnings
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Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, reported its second quarter results for the period ended January 27, 2007.
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Plus: Take-Two loss shrinks, but outlook falls short...Adobe profit up 21 percent...Dell income up 27 percent.
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Plus: Dell meets expectations...Storage, servers bruise HP earnings...Healthy sales lift Cisco's profit.
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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 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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By JORDAN ROBERTSON  SAN FRANCISCO - Despite a robust second quarter and a sunny financial forecast, networking equipment maker Cisco Systems Inc. is coming under intense scrutiny over fears about the company's ability to sustain its torrid growth rates.
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Cisco Systems, the world&#39;s largest maker of equipment that routes traffic across the Internet, barely met analyst expectations on Tuesday when it reported quarterly earnings and noted a sequential decline in revenues for its IP router business.
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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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Investors will get another glimpse into the pace of corporate spending as Cisco Systems Inc. prepares to deliver financial results after the closing bell on Tuesday. -AP
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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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Blog: Net income for the second quarter was $925 million, or $2.93 a share, up from $721 million, or $2.33 a share, a year earlier.
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roundup Plus: Level 3 to buy Sprint's dial-up business...Cisco CEO's salary shoots up from $1...SanDisk ups capacity on flash memory cards.
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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 gear such as wireless networks and Internet telephone equipment.
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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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The network equipment maker reported that its quarterly net income grew 7.2 percent amid growing concern that economic weakness could affect technology spending this year.
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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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Cisco Systems (Nasdaq:CSCO) will host another session of its "Tech Talk for Investors" webcasts, with corresponding slide presentation, on Wednesday, September 13, 2006, at 1:30PM Pacific time.