The Associated Press

Cisco Systems Inc. (Nasdaq: CSCO) is expected to post earnings of 42 cents per share for its latest quarter when it reports after the stock market closes on Wednesday.

The world’s largest maker of computer networking equipment, which employs some 4,000 people at its campus in Research Triangle Park, N.C., saw its results take a deep dive during the recession, but they’ve bounced back in the last year, and it’s forecast a revenue increase that looks impressive in a year-over-year comparison: up 25 percent to 28 percent.

That works out to revenue of $10.67 billion and $10.92 billion. Analysts polled by Thomson Reuters are expecting revenue of $10.88 billion, on average, for the fiscal fourth quarter that ended July 31.

However, the sales aren’t that impressive if compared to results in 2008, before the recession hit. They represent a recovery to pre-recession business levels, and the company doesn’t expect growth to continue at a 25 percent rate.

Cisco’s results provide a window into capital spending trends at corporations, phone companies and governments, and they’re extra valuable because its quarter ends a month after most other technology companies, providing a window into their current quarters.

Cisco shares closed at $24.31 on Tuesday.

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