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Tag: cisco
Cisco and Ericsson Joining Forces
2015-11-13 12:57:04| Telecom - Topix.net
Systems and the Swedish telecom giant Ericsson announced a sweeping global partnership Monday that's a few steps short of a merger, but which should shake up the networking industry with a powerful new combination. devices through 5G, the next phase of mobile telecommunications.
Tags: forces
ericsson
joining
cisco
Cisco sees revenue growth slowing
2015-11-13 08:32:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal first quarter to October up 3.6 percent year-on-year to USD 12.7 billion, in line with its outlook for 2-4 percent growth. Net profit rose 32.9 percent to USD 2.4 billion, and adjusted EPS was up 9.3 percent to USD 0.59, better than the company's forecast. Cisco CEO Chuck Robbins said the company saw lower-than-expected order growth in Q1, hurt by the uncertain macro-economic environment and currency fluctuations. As a result, revenue in fiscal Q2 is expected flat to 2 percent higher, and adjusted EPS is forecast at USD 0.53-0.55.
Tags: growth
revenue
sees
cisco
Cisco, Fossil, Nordstrom And Yum Brands Lead Thursday's After-Hours Movers
2015-11-13 04:02:25| Jewelry - Topix.net
Shares of Cisco Systems, Inc. were down more than 2.2 percent in Thursday's after-hours session, following the announcement of the company's first quarter financial results. In its first quarter under Chief Executive Officer Chuck Robbins, the company delivered earnings of $0.59 per share on revenue of $12.682 billion, beating the Street's consensus estimate of $0.56 per share and $12.636 billion.The company issued light guidance.
Tags: lead
brands
cisco
fossil
Cisco, Ericsson Partner To Create 'Networks of the Future'
2015-11-11 20:25:29| Telecom - Topix.net
Systems and the Swedish telecom giant Ericsson announced a sweeping global partnership Monday that's a few steps short of a merger, but which should shake up the networking industry with a powerful new combination. devices through 5G, the next phase of mobile telecommunications.
Tags: create
future
partner
networks
Ericsson Teams With Cisco as Networks Meld Amid Data Surge
2015-11-10 21:47:58| Appliances - Topix.net
Ericsson AB is partnering with Cisco Systems Inc. to develop telecommunications networks, the latest combination in the industry as equipment makers seek to expand their offerings to handle soaring Internet traffic. Stockholm-based Ericsson, the biggest maker of wireless networks, and San Jose, California-based Cisco, the largest maker of Internet-network gear such as routers and switches, said Monday they will cooperate in development and delivery of systems to telecommunications carriers and other customers.
Tags: data
networks
teams
ericsson
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