(Reuters) – Network equipment maker Cisco Systems reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere. Shares of Cisco, considered a bellwether for the performance of the broader network gear industry, rose nearly 4 percent in extended trading on Wednesday.
Topics: network cisco systems united states china s huawei technologies gartner from venturebeat join growthbeat august san francisco needham co alex henderson americas the cisco june opendns chuck robbins john chambers july thomson reuters i/b/e/s anya george tharakan reporting bengaluru saumyadeb chakrabarty more vbprofiles vb reuters cisco cisco cisco s arathy s nair anya george tharakan strong sales revenue company percent share billion market cents quarter results profit rose fourth traditional shares security products spending performance reported customers telecom wednesday equipment firm forecast adjusted expecting average analysts research
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