Cisco quarterly revenue rises 4.4 percent

Cisco quarterly revenue rises 4.4 percent

FILE PHOTO: A logo of Cisco is seen during the Mobile World Congress in Barcelona, Spain February 27, 2018. REUTERS/Yves Herman/File Photo
REUTERS: Network gear maker Cisco Systems Inc reported a 4.4 percent rise in quarterly revenue on Wednesday, its second straight quarterly rise, driven by strong growth in its newer businesses such as cyber security.The company's net income rose to US$2.69 billion, or 56 cents per share, in the third quarter ended April 28, from US$2.52 billion, or 50 cents per share, a year earlier.
Total revenue rose to US$12.46 billion from US$11.94 billion.(Reporting by Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/cisco-quarterly-revenue-rises-4-4-percent-10241292