Profits growing faster than revenues. Hard to complain ... Current HighlightsRevenue of $13.1 billion, up nearly 8% year over year Service revenue up 3% GAAP operating income $3.8 billion, up 38%; net income $3.5 billion General and administrative expenses decreased due to a benefit from a $400 m...
Company reports highest revenue in past three years (and perhaps longer) ... Current HighlightsRevenue of $12.8 billion, highest in past three years and perhaps longer Recurring revenue was 32% of total revenue GAAP operating income for Q4 $3.3 billion Q4 GAAP earnings include an $863 million benef...
Acquisitions, management shake-ups, and more ... Current Highlights Cisco started off the month of May 2018 with a three-part bang as outlined in its May 1 press release:The company announced its intent to acquire Accompany, a privately-held firm that offers an AI-driven relationship intelligence p...
A solid quarter with recurring reveneue now 33% of total revenues Summary of the Earnings Report Cisco reported revenues of $11.9 billion in its fiscal second quarter, up 3% from the same quarter one year earlier. One of the notable detail points was that recurring revenue was 33% of total revenues...
Steady as she goes, transitioning from products to recurring revenues Summary of the Earnings Report Cisco reported revenues of $12.1B for the quarter ending October 28, 2017 - the company’s first quarter for fiscal 2018. On an annual basis, total revenues were down 2%. Figures highlighted by the c...
