From Wall Street – Cisco – FY2020-Q2

Current Highlights

  • Quarterly revenues of $12.0 billion, down 4% year-over-year
  • Operating income improves to 27.2% of revenues, up from 25.8%
  • Applications business segment, which includes conferencing and collaboration, down 8%
  • Software subscriptions now represent 72% of total software revenues
  • Services revenues hit 28% of total
  • Quarterly dividend raised from $0.35 to $0.36

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