 Cisco boss John Chambers said orders were strong |
Profits have fallen at Cisco Systems, but the IT systems giant has hailed rising sales and orders as evidence of the health of its business. Pre-tax post-exceptional profits fell to $1.3bn (�744m) in the three months to 28 January from $1.4bn over the same period last year.
Added expenses from staff share deals contributed to the dip in profits.
Cisco boss John Chambers said the firm's performance was "solid", with total sales rising 9% to $6.6bn.
'Pleased'
Over the past three months, Cisco has won valuable contracts from US cable firm Comcast, China's Shanghai Telecom, Australia's Telstra and defence firm Northrop Grumman.
It said it was well-positioned to exploit the increasing demand for IT providers to deliver voice, video and data services via a single platform.
"We are pleased with the solid revenue and earnings per share results Cisco delivered during its second quarter, but also especially pleased with our strong order momentum," Mr Chambers added.
Cisco's figures were released after the US stock markets had closed.
Its shares rose 26 cents to $18.09 in trading on Tuesday.
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