Cisco Systems, Inc. (NASDAQ:CSCO) Deutsche Bank 2022 Technology Conference Call August 31, 2022 12:00 PM ET Company Participants Greg Dorai - Vice President of Product Management Conference Call Participants Matthew Niknam - Deutsche Bank Matthew Niknam All right. If everybody can please go ahead and take their seats, we'll go ahead and get started with our first keynote of the day. I'm Matt Niknam, for those of you who don't know me, I'm the communications analyst here at Deutsche Bank. We are very pleased ...

Cisco Systems, Inc. (NASDAQ:CSCO) Q4 2022 Earnings Conference Call August 17, 2022 4:30 PM ET Company Participants Marilyn Mora - Head of Investor Relations Chuck Robbins - Chair & Chief Executive Officer Scott Herren - Chief Financial Officer Conference Call Participants Sami Badri - Credit Suisse Tim Long - Barclays Rod Hall - Goldman Sachs Amit Daryanani - Evercore Meta Marshall - Morgan Stanley Investment Research Tal Liani - Bank of America Securities Samik Chatterjee - JPMorgan Ittai Kidron - Oppenhei ...

Summary of Cisco Systems, Inc. Investor Conference Call Company Overview - **Company**: Cisco Systems, Inc. (NASDAQ: CSCO) - **Date**: June 14, 2022 - **Participants**: Richard Scott Herren (EVP and CFO), Jared Ian Weisfeld (Jefferies) Key Points Industry Transition and Revenue Model - Cisco is transitioning to a recurring revenue model, aligning with industry trends, with overall market growth projected at 5% to 7% over the next five years, while subscription growth is expected at 15% to 17% [3][4] - As of the last quarter, 43% of Cisco's revenues were recurring, with an annualized recurring revenue (ARR) exceeding $22 billion and remaining performance obligations (RPO) of about $30 billion, of which $16 billion is expected to convert to revenue within the next 12 months [4] Financial Performance and Challenges - The April quarter experienced a mixed performance with flat year-on-year revenue growth and a total top-line impact of approximately $500 million due to supply chain constraints and the cessation of operations in Russia and Belarus, which accounted for a $200 million revenue loss [5][6][11] - The complete shutdown in Shanghai contributed an additional $300 million impact on revenue due to supply chain disruptions [9][10] Demand and Supply Chain Insights - Demand remains strong, with a backlog exceeding $15 billion and a significant portion attributed to software [40] - The company added over $1 billion to its backlog in Q3, indicating solid demand despite supply chain issues [16] - Cisco's supply chain team is actively qualifying second and third sources for critical components and redesigning products to mitigate supply chain challenges [21][22] Gross Margin and Pricing Strategy - Gross margins were down year-on-year by about 80 basis points due to increased component costs and logistics expenses [25] - Cisco has implemented price increases to offset rising costs, with two price hikes in the last 12 months [26][34] Market Position and Future Outlook - Cisco is well-positioned for potential economic downturns, with $30 billion in RPO and a strong backlog, indicating resilience in demand [45] - The company is evaluating M&A opportunities but remains disciplined, focusing on strategic fits and cultural alignment [47][48] Security and Silicon Strategy - Security is identified as a significant growth opportunity, with a focus on developing a comprehensive security platform rather than point products [53] - The Silicon One strategy is crucial for success with hyperscalers, emphasizing high performance and low energy consumption, aligning with sustainability goals [55] Conclusion - Cisco's transformation towards a recurring revenue model and its strategic focus on security and silicon innovation position it favorably in the market, despite current supply chain challenges and economic uncertainties [57]

Cisco Systems, Inc. (NASDAQ:CSCO) Bank of America 2022 Global Technology Conference June 8, 2022 5:20 PM ET Company Participants Elizabeth Centoni - EVP, Chief Strategy Officer and General Manager, Applications Conference Call Participants Tal Liani - Technology Analyst, Bank of America Marilyn Mora - Head of IR Tal Liani I'll sit here. It's easier. Here we go. So thanks very much for joining us. I'm hosting Liz Centoni, Chief Strategy Officer and also GM, and we're going to talk about applications. We're g ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39940 _____________________________________ CISCO SYSTEMS, INC. (Exact n ...

Summary of Cisco Systems, Inc. Conference Call Company Overview - **Company**: Cisco Systems, Inc. (NASDAQ: CSCO) - **Event**: J.P. Morgan 50th Annual Global Technology, Media & Communication Conference - **Date**: May 23, 2022 - **Participants**: Todd Nightingale (EVP and General Manager of the Enterprise Networking and Cloud Group), Samik Chatterjee (JPMorgan) Key Points Economic Outlook - Cisco does not perceive a significant impact from a potential recession on demand, citing a record backlog and low cancellation rates, which are lower than pre-pandemic levels [4][3] - The company is focused on cloud transformation and hybrid work, indicating strong demand despite economic uncertainties [4][3] Supply Chain Challenges - The COVID-19 situation in China has materially impacted supply chains, particularly in the semiconductor space, with citywide shutdowns affecting logistics [6][5] - Supply chain normalization is not expected until late 2022 or beyond, with a full recovery anticipated to take over a year [9][8] Customer Demand Dynamics - There is a divergence in order trends between large enterprises and commercial customers, with commercial customers reacting faster due to shorter planning cycles [11][10] - Cisco experienced a 30% year-over-year growth in demand, but this is not expected to be sustainable [12][11] Hybrid Work Transformation - The shift towards hybrid work is driving Cisco's growth, necessitating new infrastructure for dynamic and mobile work environments [14][13] - The demand for IoT devices and smart building technologies is increasing, with Cisco investing in building automation and connectivity solutions [15][14] Software and Cloud Solutions - Cisco is transitioning towards a SaaS model, focusing on software solutions to reduce reliance on physical hardware, which is constrained by supply chain issues [23][22] - The company emphasizes the importance of multi-cloud solutions, allowing customers to optimize costs and flexibility across different cloud providers [26][25] Market Opportunities - Cisco's addressable market is projected to be $72 billion by 2025, with significant growth expected in hybrid work transformation and IoT [31][30] - The company is expanding its portfolio to include smart building technologies and Hardware as a Service (HaaS), which is gaining traction among customers [34][33] Customer Experience and Lifecycle Management - The HaaS model is expected to enhance customer experience by simplifying lifecycle management and reducing upfront costs [42][41] - Cisco aims to provide a seamless upgrade experience for customers, which could lead to increased retention and satisfaction [43][42] Product Innovations - The Cat 9K platform has been successful, integrating various technologies and focusing on software value addition [46][45] - Wi-Fi 6 and SD-WAN technologies are driving demand for switching infrastructure, with a focus on intelligent connectivity solutions [57][56] Conclusion - Cisco is well-positioned to capitalize on the ongoing transformation in the IT landscape, driven by hybrid work, cloud solutions, and IoT advancements. The company is focused on enhancing customer experience through innovative service models and product offerings [59][58]

Cisco Systems, Inc. (NASDAQ:CSCO) Q3 2022 Earnings Conference Call May 18, 2022 4:30 PM ET Company Participants Marilyn Mora - Head of IR Chuck Robbins - Chair and CEO Scott Herren - CFO Conference Call Participants Meta Marshall - Morgan Stanley Samik Chatterjee - JPMorgan Ittai Kidron - Oppenheimer Simon Leopold - Raymond James Sami Badri - Credit Suisse Rod Hall - Goldman Sachs Tal Liani - Bank of America Paul Silverstein - Cowen David Vogt - UBS Ben Harwood - New Street Research Tim Long - Barclays Amit ...

Cisco Systems, Inc. (NASDAQ:CSCO) Morgan Stanley Technology, Media and Telecom Conference 2022 Call March 10, 2022 4:50 PM ET Company Participants Marilyn Mora - Head of Investor Relations Shailaja Shankar - Senior Vice President and General Manager, Cisco Security Business Group Conference Call Participants Meta Marshall - Morgan Stanley Meta Marshall Welcome everybody. We're going to have Marilyn come up real quick to read the Cisco Safe Harbor. And then we'll jump into our conversation with Shaila from C ...