Cisco revenue raises 7% in Q2, on path to become #1 IT firm

Cisco revenue rose 7 percent to $11.9 billion in its second quarter results for the period ended January 24, 2015.

However, Cisco revenue decreased on quarter-on-quarter basis from $12.24 billion in Q1 fiscal 2015.

The year-on-year growth was supported by 11 percent increase in revenue from switching, 2 percent increase in NGN routing, 40 percent increase in data center, 18 percent increase in wireless and 6 percent increase in security. Cisco’s SP video revenue fell 19 percent.

Cisco India product orders rose 11 percent in Q2. Cisco, the networking company, does not share country specific revenue details.

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Cisco net income grew 8.9 percent to $2.7 billion.

Cisco Q2 2015 revenue details

Cisco and main biz

Cisco said 30 percent revenue came from Switching, 15 percent from NGN Routing, 8 percent from video conferencing, 7 percent from service provider video, 7 percent from data center, 5 percent from wireless and 3 percent from security.

Product revenue of Cisco in Q2 was 76 percent, while the balance 24 came from services.

Americas contributed $7.1 billion to Cisco’s Q2 revenue, while EMEA with $3.09 billion and Asia Pacific with $1.74 billion.

Cisco Chairman and CEO John Chambers

“Our momentum is the direct result of how well we have managed our company transformation over the last three plus years and our leadership position in the key technology transitions of cloud, mobility, big data, security, collaboration, and the Internet of Everything. Every nation, every company, everything is becoming digitized and the network is at the center of this transformation,” said Cisco chairman and CEO John Chambers.

Baburajan K
[email protected]

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