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SA pumps up Cisco’s third quarter

Thu, 05/10/2007 - 8:44am
Brian Santo

Results from Cisco’s third fiscal quarter (ended April 28, 2007) included sales of $8.9 billion, up 21 percent from last year, and net income of $1.9 billion, up 33.9 percent from the company’s Q3 of 2006. Cisco’s Scientific Atlanta experienced a great burst in sales, to $752 million, up from $407 million last year.

Record revenue for Scientific Atlanta was driven by several factors, including the impact of Regulation 707, a shift in the installed base to HD set-top-boxes, network upgrades and international expansion.

The “707 regulation” is the mandate from the FCC that cable operators on July 1, 2007 (7/07), begin populating their systems with set-tops that have separable security modules.

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