Cisco says bookings worldwide rose 55 pct vs year ago
SAN FRANCISCO, Nov 6 (Reuters) - Cisco Systems Inc. , the world's biggest maker of computer networking equipment, said on Monday that bookings for its products worldwide surged 55 percent in its fiscal first quarter from a year ago.
Cisco's Chief Executive John Chambers made the comments on its quarterly earnings conference call. He also said that bookings rose in "double digits" in the first quarter from the year-ago quarter.
Cisco reported quarterly pro forma net income of $1.36 billion, or 18 cents a share, from $814 million, or 11 cents, a year ago. Sales rose 66 percent to $6.52 billion from $3.92 billion.
On that basis, the results topped the consensus analyst forecast of 17 cents a share, according to First Call/Thomson Financial.
SAN FRANCISCO, Nov 6 (Reuters) - Cisco Systems Inc. , the world's biggest maker of computer networking equipment, said on Monday that bookings for its products worldwide surged 55 percent in its fiscal first quarter from a year ago.
Cisco's Chief Executive John Chambers made the comments on its quarterly earnings conference call. He also said that bookings rose in "double digits" in the first quarter from the year-ago quarter.
Cisco reported quarterly pro forma net income of $1.36 billion, or 18 cents a share, from $814 million, or 11 cents, a year ago. Sales rose 66 percent to $6.52 billion from $3.92 billion.
On that basis, the results topped the consensus analyst forecast of 17 cents a share, according to First Call/Thomson Financial.