Relive the excitement of the Patriots’ path to their fourth Super Bowl Championship with “Pumped”, a special commemorative book from The Boston Globe. Order now.

Cisco 1Q income up as US businesses buying again

Continue reading below

Cisco said earnings rose 18 percent in the first quarter, propelled by a renewed willingness by large US businesses to invest in big-ticket networking gear, even as the federal government continued to hold back. Orders from large business customers rose 9 percent from a year ago. That helped make up for continued weakness in Europe. Cisco made $2.1 billion, or 39 cents per share, in the period. That compares with $1.8 billion, or 33 cents, in the same period a year ago. Revenue rose 5.5 percent to $11.9 billion, beating Wall Street estimates.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking. Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com