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Cisco boosted profit, sales in Q2 while cutting costs


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Cisco Systems posted year-over-year gains in revenue and profit for its fiscal second quarter on Wednesday, reporting net sales up 10.8 percent to US$11.5 billion, and said it met a key cost-cutting goal one quarter early....

Cisco Systems posted year-over-year gains in revenue and profit for its fiscal second quarter on Wednesday, reporting net sales up 10.8 percent to US$11.5 billion, and said it met a key cost-cutting goal one quarter early.

Read more http://www.itnews.com/financial-results/41950/cisco-boosted-profit-sales-q2-while-cutting-costs

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