Cisco Systems, Inc. (NASDAQ:CSCO) Q1 2020 Earnings Conference Call - Final Transcript

Nov 13, 2019 • 04:30 pm ET

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Cisco Systems, Inc. (NASDAQ:CSCO) Q1 2020 Earnings Conference Call - Final Transcript

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Q & A
Executive
Chuck Robbins

new, just like we would have expected. And we were actually talking about yesterday how we would answer the question relative to where we are in this, because I think I said last time, we were in the second inning, and we joked that maybe we're in the bottom of the second inning now. But we're still very early in this transition, and it's going very well. We now have the entire enterprise networking portfolio in refresh mode with Wi-Fi 6 access points, with the new Catalyst 9000, and then one of the things we announced last week was the ability to manage the Catalyst 9000 -- one of the products in the Catalyst 9000 into Meraki platform, so customers could take advantage of it. We'll continue to extend that across the other portfolio products. So it's going very well and it's still early.

Analyst
James Fish

Thanks for the color, Chuck.

Executive
Chuck Robbins

Thank you, Jim. So let me just wrap up and say that obviously it's a complicated world right now, and we certainly felt the continuing impact that we talked about at the end of our last quarter. That being said, I have great confidence in where we are with the portfolio. We shared some metrics today on the software transition that I think is going incredibly well. And notwithstanding the short-term challenges, we feel really good about the future. And so thank you all for being with us today, and I'll kick it back to you, Marilyn.

Executive
Marilyn Mora

Thanks, Chuck. Cisco's next quarterly earnings conference call, which will reflect our fiscal 2020 second quarter results will be on Wednesday, February 12th, 2020 at 1:30 PM Pacific Time, 4:30 PM Eastern Time. Again, I'd like to remind the audience that in light of regulation FD, Cisco's policy is not to comment on its financial guidance during the quarter, unless it is done through an explicit public disclosure. We now plan to close the call. If you have any further questions, please feel free to contact the Cisco Investor Relations department, and we thank you very much for joining the call today.

Operator
Operator

Thank you for participating on today's conference call. If you would like to listen to the call in its entirety, you may call 800-835-4610. For participants dialing from outside the U.S., please dial 203-369-3352. This concludes today's call. You may disconnect at this time.