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Cisco revenues, orders grow 1% in October quarter

2014-11-13 08:59:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues of USD 12.2 billion for its fiscal first quarter to 25 October, up 1 percent year-on-year. Net profit totaled USD 1.8 billion or USD 0.35 per share, down from USD 2.0 billion or USD 0.37 a share a year ago. The gross margin increased to 63.3 percent from 63.0 a year ago, and adjusted EPS improved 1.9 percent to USD 0.54. CEO John Chambers said the company was pleased with the results, which showed its strongest Q1 ever. The main growth areas remained data centres, wireless and security, while the main switching business grew sales 3 percent to USD 3.85 billion. While the group's book-to-bill ratio was below 1 in the quarter, Cisco saw overall growth of 1 percent in product orders in the quarter. The Americas grew by 2 percent and EMEA region by 6 percent, led by double-digit growth in the UK and south Europe. The public sector improved to 13 percent annual growth in orders, and orders from the commercial segment grew 5 percent. The only weak points were Asia (-12%) and the service provider market (-10%). Cisco also announced that CFO Frank Calderoni has decided to step down from the start of next year. Kelly Kramer, currently senior vice president, Business Technology and Operations Finance at Cisco, will succeed him. 

Tags: october orders grow quarter

 

AT&T, National Instruments, Huawei & Cisco To Headline Dais Of International Speakers At IEEE GLOBECOM 2014 To Be Held December 8 12 In Austin, Texas

2014-11-07 05:22:56| metrologyworld News Articles

A C-suite of corporate executives and senior industry leaders representing global communications giants like AT&T, National Instruments, Huawei and Cisco will headline the dais of expert speakers at IEEE GLOBECOM 2014 (www.ieee-globecom.org/2014), the leading international conference dedicated to driving breakthroughs in nearly every communications field ranging from the Internet of Things (IoT) and next generation WiFi to 5Gcellularcommunicationsand cloud computing

Tags: in international december national

 
 

Cisco patches serious vulnerabilities in small business RV Series routers

2014-11-06 18:50:51| Wireless - Topix.net

Cisco Systems released patches for its small business RV Series routers and firewalls to address vulnerabilities that could allow attackers to execute arbitrary commands and overwrite files on the vulnerable devices. The affected products are Cisco RV120W Wireless-N VPN Firewall, Cisco RV180 VPN Router, Cisco RV180W Wireless-N Multifunction VPN Router, and Cisco RV220W Wireless Network Security Firewall.

Tags: business small series small business

 

Cisco to develop IoE systems for transport industry

2014-10-30 01:00:00| Railway Technology

Networking equipment provider Cisco has launched the 'Connected Transport Challenge' programme, an opportunity for start-ups and small and medium-sized enterprises to develop Internet of Everything (IoE) systems for the transport industry.

Tags: systems industry develop transport

 

Re: Cisco Leads 2.5/5G Ethernet Effort

2014-10-28 01:38:13| Wireless - Topix.net

"...many countries are already offering Fiber to the Home at affordable prices" I think the sticking point is that the U.S. is not one of those countries. Verizon is the only major cable company that I know of here that runs fiber to the home, and they have gotten criticism from their stockholders for 'wasting' money doing that when all the other ISP's are still muddling along with coax.

Tags: effort leads ethernet cisco

 

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