SAN JOSE, Calif. (AP) _ Cisco Systems Inc. (CSCO) on Wednesday reported fiscal third-quarter earnings of $3.04 billion.

On a per-share basis, the San Jose, California-based company said it had net income of 73 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 87 cents per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.

The seller of routers, switches, software and services posted revenue of $12.84 billion in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $13.33 billion.

For the current quarter ending in July, Cisco expects its per-share earnings to range from 76 cents to 84 cents.

The company expects full-year earnings in the range of $3.29 to $3.37 per share.

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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