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Cisco Lifts Its Forecast
Cisco beats earnings expectations as AI spurs networking gear demand
The company had announced two rounds of layoffs this year in a bid to cut costs, as it shifts focus to
cybersecurity
, cloud systems and AI-driven products.
Cisco
completed its $28 billion acquisition of Splunk in March, which aims to boost its software ...
Cisco Lifts Its Forecast as Earnings Top Expectations, Despite Declining Revenue
Cisco Systems reported fiscal first-quarter earnings that exceeded analysts’ expectations and raised its full-year forecast, despite declining revenues.
Cisco Raises Annual Revenue Forecast
The company now expects annual revenue to be between $55.3 billion and $56.3 billion, compared with its earlier forecast of between $55.0 billion to $56.2 billion. Revenue fell 6% to $13.84 billion for the first quarter ended Oct. 26, compared with estimates of $13.77 billion.
The Motley Fool
1d
Cisco Systems: Security Revenue Doubles
Cisco
Systems, a giant in the technology field, focuses on networking equipment and
cybersecurity
services. The company ...
1d
Cisco Earnings On Deck As AI, Cybersecurity Drive Growth Potential
Cisco (CSCO) stock is on a rally with 16.23% YTD. JPMorgan sees further growth potential due to strong demand and new partnerships. Technicals indicate a bullish trend.
CRN
1d
Cisco CEO: Tech Giant Anticipates $1B in AI Orders In Latest Fiscal Year
Cisco Systems will rely on AI as a path to new growth as customers invest in critical networking and data center ...
The Globe and Mail
12h
3 Reasons to Buy Cisco Stock After 1Q Earnings
This reflects
Cisco
's strategic focus on enhancing its
cybersecurity
offerings, a key growth area.
Cisco
’s investments ...
SecurityWeek
2d
Citrix, Cisco, Fortinet Zero-Days Among 2023s Most Exploited Vulnerabilities
Malicious cyber actors find less utility from zero-day exploits when international
cybersecurity
efforts reduce the ...
Impacts
20h
Cybersecurity Leadership with Nishant Sonkar: Insights on Safeguarding the Digital Frontier
In the whirlwind world of cybersecurity, today’s leaders are like digital pioneers, blending agility with vision to stay one ...
Businessworld
1d
Cisco’s Q1 Earnings Boosted By AI Demand
Cisco Systems exceeded Wall Street expectations in its first-quarter earnings report, driven by a growth in demand for its ...
Security
1d
Cisco and LTIMindtree expand partnership to deliver secure access globally
LTIMindtree will leverage
Cisco
Secure Access as its new security service edge (SSE) solution to protect its 80,000 hybrid ...
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