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Cisco Shows Signs Of Growth, But Is Far From Last Year's PeakCisco Shows Signs Of Growth, But Is Far From Last Year's Peak
Cisco Systems (<a href="http://www.techweb.com/investor/quotes/result?cobrand=IW&symbol=CSCO" target="_blank">CSCO</a>-Nasdaq) last week turned in its first quarter of revenue growth this year, reporting $4.45 billion in revenue for the quarter ended Oct. 27, up 3% from the quarter ending in July. The latest sales figures for the network equipment vendor's first fiscal quarter of 2002 are still 32% less than the $6.52 billion it earned ...
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Cisco Systems (CSCO-Nasdaq) last week turned in its first quarter of revenue growth this year, reporting $4.45 billion in revenue for the quarter ended Oct. 27, up 3% from the quarter ending in July. The latest sales figures for the network equipment vendor's first fiscal quarter of 2002 are still 32% less than the $6.52 billion it earned in the same quarter a year ago. Pro forma income for the latest quarter, which excludes acquisition costs and other one-time expenses, was $332 million, down from $1.36 billion a year ago.
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