SAN FRANCISCO (MarketWatch) – Cisco Systems on Wednesday reported a fiscal first-quarter profit of $1.93 billion, or 34 cents a share, compared with a profit of $1.79 billion, or 30 cents a share, for the year-earlier period. Revenue was $10.75 billion, up from $9 billion. Adjusted income was 42 cents a share. Analysts had expected the technology giant to report earnings of 40 cents a share, on revenue of $10.75 billion, according to a consensus survey by FactSet Research.

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