SAN JOSE, Calif., Aug. 23, 2024 /PRNewswire/ -- Cisco today announced that it will host and/or participate in the following events with the financial community in August and September.Webcasts and replays will be made available for applicable events on Cisco's Investor Relations website at https://investor.cisco.com/. No new financial information will be discussed at these events.Jefferies Semiconductor, IT Hardware & Communications Technology Conference, ChicagoAugust 27, 2024Rakesh Chopra, SVP & Fellow, C ...

SUQIAN, CHINA - AUGUST 15, 2024 - Illustration Cisco to cut 7% of its workforce, Suqian, Jiangsu ... [+] province, China, August 15, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty ImagesIf you are a Cisco (NASDAQ:CSCO) investor and took advantage of its recent run-up following the company’s better-than-expected Q4 FY’24 results, it may be time to look elsewhere. As of this moment, we find TC Energy (NYSE:TRP) – an operator of energy infrastructure ...

IBM and Cisco are racking up AI-related sales.The artificial intelligence (AI) boom is reshuffling the technology industry, minting new winners and leaving others behind. International Business Machines (IBM 0.60%) and Cisco Systems (CSCO 0.42%) certainly looked like they were missing the AI boat over the past couple of years, but both companies now have AI strategies that are on track to bring in billions in annual revenue.International Business MachinesNot every company can slap ChatGPT into its employee- ...

证 券 研 究 报 告 Cisco（CSCO）FY2024 点评及业绩说明会纪要 会议时间：2024.08.15 公司业绩有所承压，AI 领域指引乐观 会议地点：线上 ❖ 事项： 2024 年 8 月 14 日 Cisco 公司发布 2024 财年业绩报告，并召开业绩说明会。 公司财务年度 FY2024 截至自然年 2024 年 7 月底，与自然年度不同。 ❖ 评论： 1. 总体营收情况：FY24Q4 公司业绩有所下滑，主要系库存消化以及 Splunk 的整合所致。FY2024 公司营收为 538 亿美元（同比-6%），Non-GAAP 净利润 为 152 亿美元（同比-5%），每股收益为 3.73 美元。其中单 Q4 公司营收为 136 亿美元（同比-10%），Non-GAAP 净利润为 35 亿美元（同比-25%），每股收益 为 0.87 美元。公司业绩有所下滑，主要系库存消化以及 Splunk 的整合所致， Cisco 将继续专注于 AI、云和网络安全领域的投资，并通过重组计划优化资源 配置。 2. 营收按产品和服务划分：FY24Q4 数据安全业务和可观察性业务增长显著， 但网络产品收入下降 28%，整 ...

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month.Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in February. Cisco confirmed last week in a SEC filing that it is cutting 7% of its workforce. While employees have now been informed that there will be a new round of job cuts, the company has refu ...

Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Data Security Posture Management Market: Focus on Application, End-use, Type, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering.The data security posture management market is undergoing significant growth, propelled by various key factors and market drivers. A primary driver for the growth in the data security posture management market is the escalating frequency and sophistication of cyber threats target ...

imaginima/E+ via Getty ImagesCisco Systems, Inc. (NASDAQ:CSCO) reported a strong end to fiscal year 2024 as the firm is beginning to realize sequential growth in their networking equipment sales paired with strength in cybersecurity. On the Q4’24 earnings call, management laid out the groundwork for the next generation of Cisco as the firm restructures for the future of networking. Despite the dimming macroeconomic environment, Cisco should be well-positioned as enterprises and hyperscalers invest in fa ...

Have you evaluated the performance of Cisco Systems' (CSCO) international operations during the quarter that concluded in July 2024? Considering the extensive worldwide presence of this seller of routers, switches, software and services, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its ...

Cisco Systems NASDAQ: CSCO is a U.S. technology firm and is the world’s largest company in the communications equipment industry. Shares have seen significant underperformance compared to its sector, down 4%. The Communication Services Select Sector SPDR Fund NYSEARCA: XLC is up nearly 19%.Cisco Systems TodayCSCOCisco Systems$49.46 +0.93 (+1.92%) 52-Week Range$44.50▼$58.19Dividend Yield3.23%P/E Ratio16.65Price Target$55.89Add to WatchlistThe company has underperformed as it struggles to keep up with competi ...

NEW YORK, NEW YORK - MAY 21: Chuck Robbins, Chair and CEO, Cisco speaks onstage during The Wall ... [+] Street Journal's Future of Everything Festival at Spring Studios on May 21, 2024 in New York City. (Photo by Dia Dipasupil/Getty Images)Getty ImagesCisco stock currently trades at $48.50 per share, roughly 17% below its pre-inflation shock high of $58.70 seen on December 29, 2021. Cisco’s product sales have witnessed a slowdown as customers focused on utilizing the inventory purchased post the Covid-19 pa ...