In response to the recently lowered corporate tax rates, Cisco (NASDAQ: CSCO) will bring $67 billion in foreign earnings back to the US during the third quarter.7 billion in cash, cash equivalents, and investments deposited in the US.
Network giant’s old businesses help revive growth Feb.14, 2018 6:07 p.
The Broadsoft acquisition, which closed earlier this month, helped boost Cisco's third-quarter adjusted profit.The company forecast adjusted profit between 64 cents and 66 cents per share, above analysts' estimate of 63 cents.
ET Cisco Systems Inc.is the latest technology giant to bring home huge sums of cash held overseas, a beneficiary of the new U.
Dow Jones, a News Corp companyNews Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Bright spots include moving away from hardware dependence, tax benefits, gains in cloud computing Feb.14, 2018 5:30 a.
The company beat the Zacks Consensus Estimate in three of the trailing four quarters with an average positive surprise of 1.14 billion and were almost in line with the Zacks Consensus Estimate.
But Cisco and FireEye cross paths in the cybersecurity business.In fact, Cisco's cybersecurity business is bigger than FireEye's and has been growing at a decent clip.
Understanding Cisco Systems Inc’s (NASDAQ:CSCO) performance as a company requires examining more than earnings from one point in time.For Cisco Systems, its most recent trailing-twelve-month earnings is $9,681.
Nonetheless, Wall Street remains bullish on Cisco, with 16 analysts rating it as a "buy", three considering it "overweight", nine ranking it as a "hold", and none calling it a "sell".So looking forward into 2018, should investors buy Cisco, or should they wait for a pullback?
Still, investors shrugged it off and began bidding Cisco stock higher.That’s still a good return for investors who feel they’ve missed their chance with Cisco stock.
Specifically, Tal Liani upgraded Cisco stock to buy from neutral and bumped his price target to $46 from $37.As of Thursday's close -- a penny short of $39 -- Liani's price target implies about 18% upside.
Despite reporting quarterly total revenue declines throughout the year, Cisco (NASDAQ: CSCO) crushed 2017.As CEO Chuck Robbins continues Cisco's transition away from legacy network switches and routers, total revenue growth was a secondary objective.
Cisco shoots to all-time high after saying it's set to grow revenue for the first time in 2 years (CSCO)
For the first time in the last eight quarters, the company said it expects to increase revenue next quarter.69 on Thursday after saying it expects to break its eight-quarter long decline in revenue next quarter.
Cisco beats analysts' expectations and finally sees its way out an 8-quarter revenue decline streak
136 billion in revenue for the first quarter of 2018, compared to the quarter before when Cisco saw $12.While revenue is still down 2% from the year before, investors were assuaged by the promise of 1% to 3% year-over-year growth in the upcoming second quarter.
Looking ahead, analysts expect Cisco's revenues to stay flat this year, and for its earnings to rise less than 2%.IDC's latest numbers show that Cisco's global share of the switching market fell from 56.
I made 1000 outbound calls through a cisco ip phone last week, and a lot of them were just me leaving someone a voice mail.I was hoping some one knew of a hack to cut my number of voice mails in half by essentially leaving a prerecorded message instead of having to speak through the receiver every time.
Is Becoming More Than a Legacy Tech FirmSource: ShutterstockThat kind of transition brings both curses and blessings.And because they’re also large organizations, legacy systems are not too much of a concern since they have no interest in totally revamping their systems overnight.
Dow Jones, a News Corp companyNews Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Both companies need a boost in the corporate computing market amid increasing competition from Amazon and Microsoft Oct.ET Google and Cisco Systems Inc.
The networking giant, known for its legacy hardware, has been adding subscription-based services Updated Oct.ET Cisco Systems Inc.
LAGUNA BEACH, Calif.—Cities can more efficiently conduct parking, waste management, commuting and energy consumption, to name a few, all through the use of technology including connected sensors, said Cisco Systems Inc.