About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Exhibit 99.1 Press Contact: Investor Relations Contact: Robyn Blum Sami Badri Cisco Cisco 1 (408) 930-8548 1 (469) 420-4834 rojenkin@cisco.com sambadri@cisco.com News Summary: • Broad-based acceleration in product orders reflecting normalizing demand • Product orders up 20% year over year; up 9% year over year excluding Splunk • Revenue of $13.8 billion in Q1, at the high end of our guidance range • Strong profitability: • GAAP gross margin of 65.9% and non-GAAP gross margin of 69.3%, above our guidance ran ...

SAN JOSE, Calif., Nov. 13, 2024 /PRNewswire/ -- News Summary: Broad-based acceleration in product orders reflecting normalizing demand Product orders up 20% year over year; up 9% year over year excluding Splunk Revenue of $13.8 billion in Q1, at the high end of our guidance range Strong profitability: GAAP gross margin of 65.9% and non-GAAP gross margin of 69.3%, above our guidance range GAAP EPS of $0.68 and non-GAAP EPS of $0.91, above our guidance range Q1 FY 2025 Results: Revenue: $13.8 billion De ...

Cisco Systems is scheduled to report earnings after Wednesday’s close. In 2000, the stock hit a record high near $82/share and is currently trading near $60/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:Signage with logo at the Silicon Valley headquarters of networking company Cisco, San Jose, ... [+] California, Au ...

CoreWeave, a startup that rents out Nvidia's artificial intelligence chips to other companies, said Wednesday that it closed a $650 million secondary share sale, with Cisco and Pure Storage investing alongside financial institutions.In the transaction, CoreWeave's existing stakeholders are selling shares to outside investors. Bloomberg reported last month that CoreWeave was targeting a $23 billion valuation for the deal, up from $19 billion in a $1.1 billion investment round announced in May.CoreWeave is go ...

News Summary: LTIMindtree will leverage Cisco Secure Access as its new security service edge (SSE) solution to protect its 80,000 hybrid workers with secure internet access, advanced zero trust network access and embedded AI. Extending its networking partnership with Cisco, LTIMindtree now offers next-generation SSE to its global clients via Cisco Secure Access. Clients can work jointly with both companies to adopt a broad set of cloud security functions in a single, easy-to-use dashboard with Cisco Secure ...

Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xav ...

A leap forward in wireless: AI-native, self-configuring and built for resilient, secure connectionsNews Summary: Cisco introduces Wi-Fi 7 access points, with the intelligence, security and assurance of Cisco's advanced networking portfolio. New AI-native wireless is location-aware, instantly adapts to any environment and continuously optimizes—with the power of Cisco Spaces built in to create smart workplaces. Unified subscription and hardware give Cisco customers ultimate flexibility by offering a seamles ...

Cisco Systems (CSCO) is set to release its first-quarter fiscal 2025 results on Nov. 13.The company anticipates first-quarter fiscal 2025 revenues between $13.65 billion and $13.85 billion. Non-GAAP earnings are expected between 86 and 88 cents per share. The Zacks Consensus Estimate for revenues is pegged at $13.76 billion, indicating a decline of 6.17% from the year-ago quarter’s reported figure. The consensus mark for earnings has been steady at 87 cents per share in the past 30 days, suggesting a year-o ...

Shares of digital communications technology firm Cisco Systems Inc (NASDAQ:CSCO) are 1.6% higher in pre-market trading following a lofty bull note. J.P. Morgan Securities upgraded CSCO to "overweight" from "neutral" and hiked its price target to $66 from $55, citing recovering demand for the companies' enterprise networking solutions and its positive impact on earnings.Coming into today, Cisco systems stock was up 14.9% since the start of 2024, with 27.7% added over the last three months. After the $57 leve ...