Cisco second-quarter revenue and earnings beat Wall Street estimates
Posted : Wednesday, 13 February 2013 04:22PM
(Reuters) - Network equipment maker Systems Inc reported second-quarter revenue and earnings on Wednesday that beat Wall Street average estimates.
Revenue rose 5 percent from the year-ago quarter to $12.1 billion. Analysts, on average, were expecting $12.06 billion, as compiled by Thomson Reuters I/B/E/S.
Income excluding items rose 6.2 percent to $2.7 billion, or 51 cents per share, 3 cents above analysts' average estimate of 48 cents a share.
(Reporting By Nicola Leske)
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