Cisco Systems Inc. reported that its fiscal second-quarter earnings rocketed 93%.
Earnings rose to $1.4 billion, or 21 cents a share, from $724 million, or 10 cents a share, in the previous year.
Revenue rose 12% to $6.06 billion from $5.4 billion.
For the current quarter, the company expects its revenue to rise in a range of 8% to 10% to $6.18 billion. Analysts are expecting revenue of $6.23 billion. For the total 2005 year Cisco forecasts revenue to rise 10% to 15%.