Cisco beats quarterly revenue estimates


FILE PHOTO A visitor uses a mobile phone in front of the Cisco booth at the Mobile World Congress in Barcelona Spain February 26 2019. REUTERSRafael MarchanteFile Photo  GLOBAL BUSINESS WEEK AHEAD

FILE PHOTO: A visitor uses a mobile phone in front of the Cisco booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Rafael Marchante/File Photo GLOBAL BUSINESS WEEK AHEAD

(Reuters) - Cisco Systems Inc beat third-quarter revenue estimates on Wednesday as easing supply hurdles helped the company clear order backlogs for its networking gear.

The company posted revenue of $14.57 billion in the quarter, compared with analysts' estimates of $14.39 billion, according to Refinitiv.

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