je.st

Home › cisco

Tag: cisco

Cisco revenue growth slows in October quarter

2013-11-14 08:58:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal first quarter up just 1.2 percent year-on-year to USD 12.1 billion, while net profit fell 4.6 percent to USD 2.0 billion. Cisco said revenues were less than expected and profits were impact by one-time charges of USD 237 million for job cuts and USD 257 million for the acquisition of the rest of Insieme Networks. Adjusted EPS for the three months to 26 October, excluding the charges, was still up 10.4 percent to USD 0.53. On a geographic basis, the company's sales fell in Asia, but grew in other regions. On a product basis, sales of service provider video equipment fell 8 percent, and NGN routing systems were lower 1 percent lower year-on-year at 2.04 billion. Sales at the main switching business grew 3 percent to USD 3.75 billion, and the data centre operations continued to grow strongly, up 44 percent to USD 601 million. With a book-to-bill ratio of less than 1 and product orders down 4 percent in the past quarter, Cisco's revenues may remain under pressure in the current quarter. The company reported product orders down in all regions in fiscal Q1, as well as weaker spending by service providers and the public sector. Operating cash flow was up slightly from a year earlier to USD 2.6 billion, and Cisco finished the quarter with USD 48.2 billion in cash. After spending USD 2.0 billion on share repurchases in the quarter, the company authorised another USD 15.0 billion for the buyback programme.

Tags: october growth quarter revenue

Cisco Q1 net down 4.6% on charges

2013-11-14 01:00:00| Total Telecom industry news

Shares dip after network giant's revenue growth misses expectations.

Tags: on net charges cisco

F5, VMware, and Cisco: One happy family?

2013-11-12 12:00:00| InfoWorld: Top News

At first blush, F5 Networks' new Synthesis Architecture for Software-Defined Application Services might appear to compete with new offerings from Cisco and VMware. But no, F5 CEO John McAdam and executive vice president of Strategic Solutions Manuel Rivelo tell IDG Communications Chief Content Officer John Gallant that F5 is very much in sync with these two data center giants (we did not, however, press them on the relationship between Cisco and VMware).

Tags: family happy cisco vmware

Cisco, EFF call on Congress to target patent-troll demand letters

2013-11-07 21:13:00| InfoWorld: Top News

The U.S. Congress should take action to slow a skyrocketing number of "deceptive" patent infringement demand letters sent from patent licensing firms to small businesses, witnesses told a Senate committee.

Tags: call target demand letters