(Reuters) - Network equipment maker Cisco Systems Inc reported stronger-than-expected quarterly revenue and profit as demand for switching equipment and routers helped to make up for weak spending by the company's traditional telecom customers.
Cisco, whose shares were up 1.5 percent in extended trading on Wednesday, has been trying to make a transition toward a new cycle of high-end switches and routers.
The switching business, which makes products that handle traffic at large internet data centers, brought in about 39 percent of Cisco's total products revenue in 2014, while the router business accounted for about 21.2 percent.
Revenue from the company's product business rose 7.8 percent to $9.08 billion in the company's second quarter ended Jan. 24.
Cisco, which raised its quarterly dividend by 2 cents to 21 cents, said its net profit rose to $2.4 billion, or 46 cents per share, in the quarter from $1.43 billion, or 27 cents per share, a year earlier.
Total revenue rose 7 percent to $11.94 billion.
On an adjusted basis, the company earned 53 cents per share.
Analysts on average had expected earnings of 51 cents per share on revenue of $11.8 billion.
Cisco's shares closed at $26.93 on the Nasdaq.
(Reporting By Arathy S Nair and Anya George Tharakan in Bengaluru; Editing by Ted Kerr)
