4:21pm 02/06/02 Cisco Q2 earns 9c (CSCO) By Chris Kraeuter
Cisco Systems (CSCO) reported a fiscal second-quarter net income of $660 million, or 9 cents a share, on revenue of $4.8 billion. During the same quarter last year, net income was $874 million, or 12 cents a share, on revenue of $6.7 billion. Excluding charges and certain other items, income would have been $664 million, or 9 cents a share. Analysts expected earnings excluding items of 5 cents a share on revenue of $4.55 billion, on average. On a sequential basis, earnings and revenue increased from the first quarter. Shares ended the regular session up 11 cents to $18.61.