je.st

Home › cisco

Tag: cisco

Cisco quarterly revenues fall 8%

2014-02-13 08:34:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal second quarter ended 25 January down 7.8 percent year-on-year to USD 11.2 billion. Sales fell in all major regions and were down in most product groups, with data centre and the security equipment the only areas of growth. Net profit fell to USD 1.4 billion or USD 0.27 per share, from USD 3.1 billion or USD 0.59 per share a year ago. Profits were hit by a one-time charge of USD 655 million to resolve problems with memory components in older products, as well as USD 926 million tax benefits from a settlement with the IRS and R&D credits in the US. Despite the drop in profit, Cisco increased its quarterly dividend by 2 cents to USD 0.19 per share. Operating cash flow improved to USD 2.9 billion from USD 2.6 billion a year ago, and the company finished the quarter with USD 47.1 billion in total cash. Cisco said it had a book-to-bill ratio greater than 1 in the quarter. However, product orders were down year-on-year in all regions, from 5 percent lower in the Americas to a 2 percent drop in EMEA. Across customer segments, the company saw a 1 percent increase in orders from the commercial and public sectors, but the service provider market contracted by 12 percent, and enterprise was 2 percent lower.

Tags: fall quarterly revenues cisco

Cisco shares tumble on weak sales

2014-02-13 02:51:10| BBC News | Business | UK Edition

Shares of network equipment giant Cisco Systems fall by more than 4% in extended US trading after the company reports falling sales and profits.

Tags: sales shares weak cisco

Cisco reaches agreement with Innovatio over Wi-Fi patents

2014-02-07 16:36:28| Wireless - Topix.net

Cisco Systems has come to an agreement with patent firm Innovatio IP Ventures in a dispute over Wi-Fi standards-essential patents that targeted its customers.

Tags: agreement patents wifi cisco

U.S. mobile data traffic to jump nearly eight-fold by 2018: Cisco

2014-02-05 16:46:21| Wireless - Topix.net

The volume of data crossing U.S. mobile networks will grow almost eight-fold by 2018, and demand for Internet-connected devices will also skyrocket, according to a report released on Wednesday that poses questions about U.S. spectrum policy.

Tags: data mobile jump traffic