The company's gross margin reached 62.5 percent, down slightly from 62.7 a year ago. Net profit rose 11.7 percent year-on-year to USD 2.4 billion or 47 cents a share. Operating cash flow fell to USD 3.0 billion from USD 3.2 billion a year ago, and Cisco ended the quarter with total cash of USD 54.4 billion, up from USD 53.0 billion at the end of 2014.
The company reported product orders up 2 percent year-on-year in the quarter, led by by 7 percent growth in the enterprise and public sector markets and a 6 percent increase in the commercial sector. The service provider remained weak, with orders down 2 percent from a year earlier. Cisco said the US enterprise and public sector orders were particularly strong, growing respectively 21 and 10 percent. Orders in the EMEA region grew just 2 percent, and the APJC region returned to growth, with a 1 percent increase.
