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Cisco quarterly revenues fall 9%, sees continued drop in October quarter

2020-08-13 08:15:00| Telecompaper Headlines

(Telecompaper) Cisco reported a slightly bigger drop in revenues in its fiscal fourth quarter to July, down 9 percent to USD 12.2 billion compared to an 8 percent fall in the previous quarter. Revenues were near the high end of its guidance. Earnings still increased 22 percent year-on-year to USD 0.62, helped by lower taxes. 

Tags: october fall continued drop


Telenor and Cisco expand cooperation, agree finance from Digital Alpha for Working Group Two

2020-06-25 09:46:00| Telecompaper Headlines

(Telecompaper) Telenor Group and Cisco have announced a joint purpose agreement (JPA) concerning activities such as security, 5G, Open vRAN, B2B expansion, distributed cloud, and extending Telenor's digital transformation to support flexible working. The JPA also covers more financing for their Working Group Two (WG2) joint venture to enable growth, global operations and new uses for 5G, IoT and private networks. WG2 has been added to the Cisco General Price List and will be part of DevNet.

Tags: two group working digital


Cisco and The Importance of Empathy in a Technology Vendor

2020-06-22 13:00:00| TechNewsWorld

Cisco Live was last week, and this was their first large scale virtual event. What made this event very different from the other games was the amount of effort they put into socially responsible projects. Many of the customer projects they highlighted are dealing with a variety of world problems, be they related to the pandemic or not.

Tags: technology importance vendor cisco


Cisco postpones Cisco Live event, says people need space for healing

2020-06-03 08:44:00| Telecompaper Headlines

(Telecompaper) Cisco has postponed Cisco Live, its virtual product launch and sales event scheduled to start on 2 June, until later this month. CEO Chuck Robbins cited the recent murder of George Floyd in the US and said "many of us need time for space and healing". 

Tags: people live event space


Cisco quarterly revenues fall 8%, sees bigger drop in July quarter

2020-05-14 08:17:00| Telecompaper Headlines

(Telecompaper) Cisco's revenues turned lower in its fiscal third quarter to April, down 8 percent year-on-year to USD 12.0 billion, and net earnings fell 6 percent to USD 0.65 per share. The company said it expects a further decline in the July quarter, with revenues down 8.5-11.5 percent annually and EPS of USD 0.57-0.62. 

Tags: july fall drop quarter


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