Cisco Beats Analysts’ Sales Estimates on Growth in Americas

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Story by Peter Burrows, Bloomberg

Cisco Systems Inc. beat analysts expectations for fiscal fourth-quarter revenue, relying on strong sales in the Americas and faster growth in servers for data centers.
Sales increased 3.9 percent to $12.8 billion in the quarter ended July 25, with profit before certain costs of 59 cents a share, Cisco said Wednesday in a statement. Analysts projected sales of $12.7 billion and profit of 56 cents, according to the average of estimates compiled by Bloomberg.

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