Cisco reports higher revenue, in line with expectations

Wed Aug 14, 2013 4:12pm EDT

Aug 14 (Reuters) - Network equipment maker Cisco Systems Inc on Wednesday reported fiscal fourth-quarter revenue in line with Wall Street expectations on continued strength in its enterprise business.

The world's biggest network equipment maker had a net profit of $2.3 billion, or 42 cents per share, compared with a profit of $1.9 billion or 36 cents per share, in the year-ago quarter.

Revenue rose 6 percent to $12.4 billion, matching analysts' expectations, according to Thomson Reuters I/B/E/S.

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