Cisco Systems reported quarterly earnings and revenue that beat analysts' expectations and also raised its dividend by 75 percent on Wednesday.
After the earnings announcement, the computer networking giant's shares rose in trading after the closing bell. (Click here to get the latest quotes for Cisco.)
"It was an unusually strong quarter, especially in Asia-Pacific," said John Chambers, the company's chief executive officer. "The U.S. saw some positive trends. Europe was a bit challenged."
Chambers said the company added 1,400 employees during the period. He added that the company saw steadily declining numbers in Europe but saw the reverse in Asia.
The company also raised its dividend to 14 cents a share from 8 cents a share.
The company posted fiscal fourth-quarter earnings excluding items of 47 cents per share, up from 40 cents a share in the year-earlier period.
Net income, excluding items, rose 15 percent to $2.5 billion, or 47 cents per share, from $2.2 billion, or 40 cents a share.
Revenue rose 4 percent to $11.7 billion from $11.2 billion a year ago.
Analysts had expected the company to report earnings excluding items of 45 cents a share on $11.6 billion in revenue, according to a consensus estimate from Thomson Reuters.
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