Cisco reports Q2 revenue up 10% YoY to $15.35B, above $15.12B est., and forecasts Q3 adjusted EPS only in line with estimates; CSCO drops 7%+
Cisco's stock touched a new record high of $80.25 on December 10, surpassing its previous split-adjusted high of $80.06 on March 27, 2000; CSCO is up 31.64% YTD
🥳🥳🥳🥳🥳 — It only took 25 years, eight months and 13 days, but the stock of Cisco Systems finally hit a new record high.
Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it's cutting 7% of its workforce, after cutting 5% in February 2024; CSCO jumps 5%+
Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce …
Cisco reports Q2 revenue down 6% YoY to $12.79B, vs. $12.71B est., and plans to cut 5% of its global workforce, or about 4,250 jobs; CSCO drops 5%+
Jordan Novet / CNBC :
Source: Cisco is paying ~$650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent raised a $40M Series B at a ~$250M valuation in September 2022
Anissa Gardizy / The Information : X: @anissagardizy8 . LinkedIn: Timothy Snow X: Anissa Gardizy / @anissagardizy8 : scoop: Cisco plans to buy cloud networking startup Isovalent for ~$650mm in cash $...
Cisco plans to acquire cybersecurity company Splunk in cash for $157 per share, a 31% premium on Splunk's September 20 closing price, in a deal valued at ~$28B
https://www.reuters.com/... Chris Merkel / @chrismerkel@infosec.exchange : Scoop: Anonymous has hacked the neuralinks of the leadership teams at Splunk and Cisco. While I can't identify the specific ...
Cisco reports Q3 revenue of $12.8B, up 7% YoY, with Security revenue up 13% YoY to $876M and Infrastructure Platforms revenue up 6% YoY to $6.8B
About this site: — Cradlepoint is a global leader in cloud-delivered LTE … Richard Waters / Financial Times : Cisco says shortages will disrupt supply chains for rest of year Wajeeh Khan / Invezz : ...
Cisco meets Q2 expectations with revenue of $12B, non-GAAP net income of $3.3B, flat YoY, stock down 4%+ after hours
Cisco Reports Second Quarter FY20 Earnings Stephanie Condon / ZDNet : Cisco beats Q2 expectations with growth in services Eric Jhonsa / TheStreet : Cisco Slides After Mixed Numbers: 6 Key Takeaways Mi...
Cisco says it will repatriate $67B to the US this quarter after new tax law, expects to spend much of it on share buybacks and dividends
Austen Hufford / Wall Street Journal : Tweets: @patrickmoorhead and @douglasblackmon Tweets: Patrick Moorhead / @patrickmoorhead : Would be great to see @cisco invest some of that $67B into some M&A ...
Cisco reports Q1 revenue of $12.4B, up 4% YoY; shares down 4%+ after hours
Long/short equity, long-term horizon, medium-term horizon, growth Julie Bort / Business Insider : Cisco's Q1 earnings is a beat but the company warns that Q2 will be soft, stock drops RTTNews : Cisco ...