Cisco reported a fiscal second-quarter profit of 18 cents per share, up from 14 cents a year earlier and a penny more than the analysts expected.

Revenue rose to $5.4 billion from $4.7 billion in the same period a year ago, again ahead of estimates.

CEO John Chambers said global business was improving, but said its customers remained cautious on spending and hiring. Some analysts were hoping that Cisco would set a more bullish tone in the statement. 

By: DocMemory
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