The Cisco logo is displayed at the technology company's campus in San Jose
The Cisco logo is displayed at the technology company's campus in San Jose, California February 3, 2010. REUTERS

(Reuters) -- Network equipment maker Cisco Systems Inc said second quarter earnings and revenue beat average estimates, leading it to increase its dividend.

Revenue rose 10.6 percent from the year-ago quarter to $11.5 billion. Analysts on average were expecting $11.23 billion.

Net income grew to $2.2 billion, or 40 cents per share, from $1.5 billion, or $27 per share, a year earlier.

Excluding items, earnings were 47 cents per share, beating the average estimate of 43 cents a share, as compiled by Thomson Reuters I/B/E/S.

Cisco said on Wednesday it plans to pay a quarterly dividend of $0.08 per common share, up 2 cents from the previous quarter.

(Reporting By Nicola Leske; Editing by Richard Chang)

Cisco Systems