Cisco beats quarterly revenue estimates

(Reuters) - Cisco Systems Inc beat quarterly revenue estimates on Wednesday as a COVID-19 recovery in China eased supply chain pressures and helped the company meet demand for its networking hardware.

Revenue stood at $13.1 billion, above analysts' estimates of $12.73 billion, according to Refinitiv IBES data.

(Reporting by Yuvraj Malik and Tiyashi Datta in Bengaluru; Editing by Aditya Soni)