Cisco posts smaller-than-expected drop in fiscal Q4 revenue

Wed Aug 13, 2014 4:17pm EDT

Aug 13 (Reuters) - Network equipment maker Cisco Systems Inc posted a smaller-than-expected 0.5 percent dip in quarterly revenue, as the company makes a transition through a new cycle of high-end switches and routers.

Cisco reported revenue of $12.4 billion, effectively flat from a year earlier. Wall Street on average had expected $12.1 billion, according to Thomson Reuters I/B/E/S. (Reporting by Marina Lopes; Editing by Jonathan Oatis)