SAN JOSE, Calif. (AP) _ Cisco Systems Inc. (CSCO) on Wednesday reported fiscal fourth-quarter net income of $2.82 billion.

The San Jose, California-based company said it had net income of 68 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 83 cents per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The seller of routers, switches, software and services posted revenue of $13.1 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $12.75 billion.

For the year, the company reported profit of $11.81 billion, or $2.82 per share. Revenue was reported as $51.56 billion.

For the current quarter ending in November, Cisco expects its per-share earnings to range from 82 cents to 84 cents.

The company expects full-year earnings in the range of $3.49 to $3.56 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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