$CSCO (Cisco Systems, Inc.)

$CSCO {{ '2016-02-10T21:53:47+0000' | timeago}} • Webcast

$CSCO said in 2Q16 it saw double-digit growth in its cloud-based SaaS businesses, specifically WebEx, Meraki cloud networking and security. In the last 12 months, the company has added critical capabilities and talent in the growth areas of cloud, security, SaaS, IoT and analytics.

$CSCO {{ '2017-07-24T13:25:09+0000' | timeago}} • Announcement

$CSCO is partnering with the TIM Group to renew TIM's Optical Packet Metro (OPM) network. TIM's new OPM network will integrate $CSCO’s ASR 9000 technology, which will help TIM to effectively digitize its fixed and mobile line services. The investment is part of TIM's 3-year plan for 2017-2019, and involves an investment of about EUR5Bil.

$CSCO {{ '2017-07-11T17:20:40+0000' | timeago}} • Announcement

$CSCO announced a new generation of servers and software that extend its unified approach to computing. The Cisco Unified Computing System (Cisco UCS) M5 lineup delivers new systems and software that extend the power and simplicity of unified computing for data-intensive workloads, applications at the edge and distributed application architectures.

$ADBE {{ '2017-06-20T21:48:17+0000' | timeago}} • Webcast

$ADBE expects its revenue and EPS to grow sequentially from 3Q17 to 4Q17. Major customer wins in 2Q17 included $BBY, $CSCO, $MS and $VZ. In Experience Cloud business, mobile data transactions grew to 57% of total Adobe Analytics transactions in the recently ended quarter.

$CSCO {{ '2017-06-06T20:41:33+0000' | timeago}} • Announcement

$CSCO has declared a quarterly dividend of $0.29 per common share, payable on July 26, 2017, to shareholders of record as on July 7, 2017.

$CSCO {{ '2017-06-05T14:35:12+0000' | timeago}} • Announcement

$CSCO appointed Rola Dagher as the new president of Cisco Canada. Dagher takes the reins from Bernadette Wightman, who has successfully completed her contract in Canada and is returning to the UK. Dagher replaces Bernadette Wightman, who has led Cisco Canada since 2014.

$IBM {{ '2017-05-31T14:09:59+0000' | timeago}} • Announcement

Cisco and $IBM have joined hands to tackle the growing threat of cybercrime. Under the partnership, $CSCO and $IBM Security will work closely together across products, services and threat intelligence for benefit of customers. They will focus on helping firms reduce the time required to detect and mitigate threats by offering them integrated tools.

$CSCO {{ '2017-05-30T10:42:23+0000' | timeago}} • Announcement

$CSCO announced the completion of the acquisition of MindMeld Inc., a privately held artificial intelligence company based in San Francisco. $CSCO acquired MindMeld for $125MM in cash and assumed equity awards.

$PAY {{ '2017-05-18T13:50:52+0000' | timeago}} • Announcement

$PAY appointed Rowan Trollope, SVP and general manager of IoT and Applications for $CSCO, to its BoD, effective immediately. The addition of Trollope increases the size of $PAY's board to 9 members. He will be appointed to the Audit Committee.

$JEC {{ '2017-05-18T13:16:25+0000' | timeago}} • Announcement

$JEC expanded its systems integrator agreement with $CSCO, to include Canada. The expansion enables $JEC to utilize $CSCO technology and services to deliver its integrated connectivity solutions to support operations and cost optimization in oil and gas, mining and chemical facilities.

$CSCO {{ '2017-05-17T21:38:29+0000' | timeago}} • Webcast

$CSCO's orders were little weaker in 3Q17 and the company is starting 4Q17 with a lower backlog than anticipated. $CSCO experienced macro issues in the U.S. public sector including Federal businesses. The company added that transitioning to software and subscription model impacts the outlook.

$CSCO {{ '2017-05-17T21:04:45+0000' | timeago}} • Webcast

$CSCO, which completed the acquisition of AppDynamics in a $3.7Bil deal in March 2017, said that it is in the early stages of scaling out the AppDynamic solutions through the Cisco Salesforce and partner ecosystem. The company also intends to acquire some new additions, including the AI startup MindMeld, to its software and analytics portfolio.

$CSCO {{ '2017-05-17T20:30:23+0000' | timeago}} • Announcement

$CSCO sees $150-200MM of pretax charges under its restructuring plan for 4Q17. This plan, which was announced first in Aug. 2016 and then extended in May 2017, is expected to be substantially completed by 1Q18 end.

$CSCO {{ '2017-05-17T20:30:03+0000' | timeago}} • Infographic

$CSCO Cisco Systems, Inc. Earnings AlphaGraphics: Q3 2017 highlights

$CSCO {{ '2017-05-17T20:26:24+0000' | timeago}} • Announcement

$CSCO now sees 4Q17 revenue to slump 4-6%, with a non-GAAP gross margin of 63-64%, non-GAAP operating margin of 29.5-30.5% and a non-GAAP tax provision of 22%, generating a non-GAAP EPS of $0.60-0.62. Cisco estimates that GAAP EPS will be $0.46-0.51 for the coming quarter.

$CSCO {{ '2017-05-17T20:25:33+0000' | timeago}} • Announcement

For 3Q17, both Product Segment and Service Segment sales of $CSCO were almost flat at $8.9Bil and $3.1Bil respectively. Cash Flow from operating activities was $3.4Bil, up 10%. Non-GAAP net income rose 5% to $3.0Bil or $0.60 per share in the quarter.

$CSCO {{ '2017-05-17T20:23:12+0000' | timeago}} • Announcement

With a revenue slip of 1% to $11.9Bil in 3Q17, $CSCO posted a 7% bump in net income of $2.5Bil from last year's $2.3Bil. Earnings grew 9% to $0.50 per diluted share vs. $0.46 a share, as the tech conglomerate posted a 6% rise in operating income of $3.2Bil.

$CSCO {{ '2017-05-11T13:37:30+0000' | timeago}} • Announcement

$CSCO plans to buy MindMeld Inc., a privately-held artificial intelligence (AI) company based in San Francisco, for $125MM in cash and assumed equity awards. The acquisition is expected to close in its 4Q17.  The MindMeld team will join the Cloud Collaboration group under the leadership of Jens Meggers, SVP and general manager.

$CSCO {{ '2017-05-01T21:53:09+0000' | timeago}} • Announcement

$CSCO will acquire Viptela Inc., a privately held software-defined wide area network company, for $610MM in cash and assumed equity awards. The acquisition is expected to close in 2H17.

$CSCO {{ '2017-03-14T10:47:27+0000' | timeago}} • Announcement

$CSCO appointed Brenton Saunders, Chairman, President and CEO of $AGN to its BoD. The appointment is effective immediately. The appointment of Saunders brings the company's board to 12 members.

$CSCO {{ '2017-02-15T22:31:38+0000' | timeago}} • Webcast

$CSCO had two headwinds in gross margins in 2Q17. A year ago, the company was benefiting from a national program in China, which was high margin. Therefore, Asia was strong because of that. That program has dramatically slowed down in 2Q17. Secondly, $CSCO is facing significant cost increase to its DRAM memory cost.

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