Feeds

Cisco delivers profits windfall

Firing on all cylinders in Q1

Build a business case: developing custom apps

Cisco posted quarterly results swollen by its Scientific Atlanta acquisition to a gurgling Wall Street yesterday.

Investors sent the networking firm's shares as much as nine per cent higher in after hours trading on the back of a 27.5 per cent GAAP profit hike.

Sales in Q1 2007 hit $8.2bn compared to $6.5bn for the same period last year. These netted Cisco $1.6bn in GAAP income ($0.26 per share). For the same period a year ago, it made $1.3bn ($0.20 per share).

For the first time, results from Cisco's $6.9bn acquisition of Scientific-Atlanta, which went through in February, were added to the pot. The cable TV box firm contributed $584m in new revenues.

CEO John Chambers said: "The balance across our routing, switching and advanced technologies is the best that I've seen in a number of quarters. Routing revenue grew year over year by 13 per cent, switching revenue grew year over year by 15 per cent, and advanced technologies' revenue grew year over year by approximately 23 per cent."

In a conference call, Chambers added: "The balance was amazingly good everywhere. All elements of our vision have evolved as we thought."

Cisco indeed saw growth across its customer base. Service providers in particular couldn't get enough networking gear. The growth in bandwith-hungry services like video-on-demand leaves Cisco sitting pretty. ®

Build a business case: developing custom apps

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Microsoft says 'weird things' can happen during Windows Server 2003 migrations
Fix coming for bug that makes Kerberos croak when you run two domain controllers
Cisco says network virtualisation won't pay off everywhere
Another sign of strain in the Borg/VMware relationship?
VVOL update: Are any vendors NOT leaping into bed with VMware?
It's not yet been released but everyone thinks it's the dog's danglies
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.