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Profits at Cisco, the worlds largest maker of networking equipment, have jumped, helped by increased sales and cost cutting measures.?
销售量的增加以及成本削减措施帮助思科——世界上最大的网络设备生产商,利润增长。
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Net profit rose 18% to $2.1bn (£1.3bn) in the three months to 27 October 2012, compared to last year.
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Cisco said that it was seeing signs of improvement in the US market, but warned that conditions in Europe remain uncertain.
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Its shares rose nearly 7% in after-hours trading in the US.
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Given [the] concern about enterprise spending, the company seems to be bucking the trends, said Bill Kreher, senior technology analyst at Edward Jones.
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The bar was low but the company did exceed those expectations, he added.?
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Strong cost discipline
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Global firms have been hurt by the slowdown in the US and eurozone, two of the biggest economic regions in the world.?
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While the American economy is showing signs of recovery, the eurozone debt crisis remains a big threat.
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We are modeling Europe to get worse before it gets better, said John Chambers, the chief executive of Cisco.?
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Faced with slowing demand and increased competition, Cisco has implemented various measures to reduce costs and sustain its profitability.?
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It has announced a restructuring programme that aims to cut expenses by about $1bn.?
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Earlier this year, it said it would cut 1,300 jobs or 2% of the 65,000 strong workforce. Last year, the company shed 10,000 posts.
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Analysts said the measures have had a positive impact on its profits.
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The company appears to be using strong cost discipline in meeting their numbers, said Bill Kreher at Edward Jones.
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