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Quarterly Cisco benefits up 3% to 2,394 million dollars

The US technology company Cisco announced today that in the first quarter of its fiscal year of 2017 its net profits reached 2.394 billion dollars, 3% more than in the same period last year.

New York, Nov 15 (EFE) .- The US technology company Cisco announced today that in the first quarter of its fiscal year of 2017 its net profits reached 2.394 million dollars, 3% more than in the same period last year.

The company, based in San Jose (California), indicated that in the period that closed last October the profit per share it was 48 cents compared to 46 cents in the first quarter of fiscal year 2017.

Quarterly income was reduced 2% and reached 12,136 million dollars, said the firm, one of the leading manufacturers of computer networking equipment.

Analysts had calculated that Cisco would have a 60-cent profit per share and that revenues would reach 12,110 million dollars.

Excluding extraordinary operations, Cisco had a quarterly benefit per share of 61 cents, as in the same period of the first quarter of the fiscal year of 2017.

The data was disseminated at the close of Wall Street, but in later electronic transactions the titles of cisco They were rising around 4%.

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