3Com beat analysts' predictions by a penny for its fourth fiscal quarter result.
Revenue increased by a modest 2.8 per cent to $1.42 million for the quarter ended 28 May, compared to $1.38 million last year.
Net income jumped 37.6 per cent to $87.5 million, compared to $63.6 million last year. Earnings per share were $0.24, analysts polled by First Call had expected $0.23.
3Com chairman and chief executive, Eric Benhamou attributed the strong quarter to the "rapid growth" of new businesses such as handheld computers, IP telephony and broadband access.
He said: "With the completion of our SAP enterprise resource planning rollout and focus on balance sheet performance, we continue to strengthen our operational effectiveness."
Fourth quarter net income included a net pre-tax charge of $5.6 million for its acqusition of IP PBX supplier, NBX, plus a pre-tax credit of $4.9 million related to changes expenses.
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