Cisco reports robust profit, revenue

Cisco exceeded analysts' expectations with its earnings report as profit spiked 63% for the third quarter and revenue jumped 27%. "This quarter was probably the strongest quarter we've had in our history," Cisco CEO John Chambers said in a conference call with analysts. Yet despite the robust financials, Cisco's stock price dipped 3.2% after the earnings report.

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Wall Street Journal (tiered subscription model), The · Bloomberg

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