The decline in Cisco Systems Inc.'s net profit in its fiscal second quarter was driven in part by an exceptional $500 million tax gain in the year-earlier period​ that resulted from a settlement with the Internal Revenue Service​of previous audits. "Cisco Hit by Decline In Core Business -- WSJ," published Feb. 16 at 2:32 a.m. ET, incorrectly attributed the decline in part to a one-time tax charge during the latest ​quarter. (Feb. 17, 2017)

(END) Dow Jones Newswires

February 17, 2017 12:49 ET (17:49 GMT)

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