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We expect revenue for the quarter to come in at about $12.8 billion, coming in slightly ahead of estimates although this would mark a 14% decline compared to last year. ....
Cisco Systems Inc (NASDAQ: CSCO) is poised to report its Q2 FY’24 results on February 14, reporting on a quarter that is likely to see the company’s sales contract, as. ....
The company has in recent years grappled with supply chain issues and a post-pandemic slowdown in demand, which has hastened its push into software offerings like cybersecurity. ....
Cisco said it saw "a slowdown of new product orders in the first quarter . and believes the primary reason is that customers are currently focused on installing and implementing products in their environments". ....
Cisco Systems Inc (NASDAQ: CSCO) announced a $28 billion all cash deal to buy cyber security company Splunk last week, marking the networking major’s largest acquisiti. ....