Cisco revenue, profit rose in fiscal Q1

11.11.2010

In the first quarter, Cisco's revenue hit US$10.75 billion, up about 19 percent from its $9.02 billion a year earlier. Net income increased by 13 percent, reaching $1.9 billion, or $0.34 per share.

Not counting certain one-time items, Cisco earned $0.42 per share, surpassing the consensus forecast of $0.40 per share by analysts surveyed by Thomson Reuters.