Technology hulk Cisco, saw a 43.5% way up in net increase to $2.2bn (1.3bn) is to 3 months to 28 January 2012, compared with the same time in 2011.
Cisco's results advance after a enlarged time of cost-cutting, that saw the definite strew more than 6,000 jobs in 2011.
Cisco increased its division by two cents to 8 cents per share.
Shares in the definite rose 2.4% in after-hours trade to $20.93, as the results beat researcher expectations.
"Broadly speaking, people approaching a great quarter. This is may a small improved than approaching and the division is an updated surprise," mentioned Joanna Makris at Mizuho Securities.
"We are executing well on our three-year outline to expostulate gain faster than revenue," mentioned Cisco arch senior manager John Chambers.
"Our functional concentration continues to concede certain results, you strike our billion dollar responsibility shrinking a entertain early, and our continuing enhancement enables our customers to compromise their vicious business needs."
No comments:
Post a Comment