SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Cisco Systems Inc. (CSCO) on Wednesday reported fiscal third-quarter profit of $2.49 billion.

On a per-share basis, the San Jose, California-based company said it had net income of 62 cents. Earnings, adjusted for one-time gains and costs, came to 96 cents per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.

The seller of routers, switches, software and services posted revenue of $14.15 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $14.06 billion.

For the current quarter ending in July, Cisco expects its per-share earnings to range from 96 cents to 98 cents.

The company said it expects revenue in the range of $14.5 billion to $14.7 billion for the fiscal fourth quarter.

Cisco expects full-year earnings in the range of $3.77 to $3.79 per share, with revenue ranging from $56.5 billion to $56.7 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSCO at https://www.zacks.com/ap/CSCO

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