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Cisco Systems, the world's largest maker of equipment used to connect computers and power the internet, has seen a 16% gain in quarterly profit. The company said it got a boost from new technologies such as digital phone calling as telecoms firms and internet service providers upgraded equipment.
Net income in the fiscal third quarter was $1.4bn (�743m) from $1.2bn a year earlier. Sales gained 10% to $6.2bn.
"The numbers look pretty good," said JMP Securities analyst Samuel Wilson.
Cisco shares rose 16 cents to $18.37 in after hours electronic trading in New York.
Chief executive and president John Chambers said that the company was "pleased with our very solid results in what is typically a seasonally challenging quarter".
Separately, Swedish authorities said they had detained a person for stealing Cisco's source code - the building block for computer programmes used by Cisco machines.
"We are aware that a person has been detained in Sweden related to the IOS source code theft and are encouraged by this action," Cisco said in a statement.
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