Cisco has reported a 5.4% rise in its revenue to $12.2bn for the third quarter of 2013, compared to $11.6bn it reported for the same period in 2012.
For the third quarter of 2013, the company’s net income increased 14.5% to $2.5bn, or $0.46 earnings per share, compared to $2.2bn, or $0.40 earnings per share, for the same period last year.
Operating income was $2.9bn for the quarter, compared to $2.7bn for the same period previous year.
The company said cash flows from operations increased to $3.1bn in the quarter, compared to $3bn in the year ago period.
In the third quarter, Cisco acquired the UK-based 3G and long-term evolution (LTE) small-cell technologies provider, Ubiquisys, to strengthen its mobile services portfolio.
The company has also announced its intent to acquire Austrian cloud-delivered services management provider SolveDirect.
In Q3, Cisco introduced its new IP Interoperability and Collaboration System solution, a new set of multivendor, interoperable communications capabilities for operations and dispatch centres across government and enterprise industries.
Cisco chairman and CEO, John Chambers, said that the company is executing at a very high level in a slow, but steady economic environment.
"We are starting to see some good signs in the US and other parts of the world which are encouraging," Chambers said.
"We have the right products, the right solutions and our customers are coming to us to solve their biggest business problems."
