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Cisco Systems Profit Soars 77%

November 06, 1996|Times Staff and Wire Reports

San Jose-based Cisco Systems Inc. said its fiscal first-quarter earnings rose 77% to $320.8 million, or 47 cents a share, up from $181.4 million, or 28 cents, in the year-ago period. Wall Street had expected the company to earn 46 cents a share. . . .

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