-
AMD CEO Lisa Su Joins Cisco Board
Tuesday, January 28, 2020 - 11:35am | 357Advanced Micro Devices, Inc.'s (NASDAQ: AMD) high-flying CEO Lisa Su, who has been instrumental in reviving the fortunes of the company following years of underperformance, is set to join the board of networking giant Cisco Systems, Inc. (NASDAQ: CSCO). "Lisa is an accomplished business...
-
Cisco Shares Fall After Weak Guidance
Wednesday, November 13, 2019 - 5:23pm | 177Cisco Systems, Inc. (NASDAQ: CSCO) shares are falling despite reporting a first-quarter earnings beat. Adjusted earnings came in at 84 cents per share, beating estimates by 3 cents. Sales came in at $13.2 billion, beating estimates by $120 million. The company issued second-quarter earnings...
-
Cisco Shares Fall On Lower Q1 Guidance
Wednesday, August 14, 2019 - 4:19pm | 254Cisco Systems, Inc. (NASDAQ: CSCO) shares are down after reporting a fourth-quarter earnings beat. Earnings came in at 83 cents per share, beating estimates by a penny. Sales came in at $13.4 billion, beating estimates by $10 million. The company issued weak first-quarter earnings guidance. Cisco...
-
Analysts Say Cisco Has Limited Upside Following Earnings Beat
Thursday, February 14, 2019 - 12:38pm | 630Cisco Systems, Inc. (NASDAQ: CSCO) stock traded higher by more than 4 percent after the company beat consensus revenue and earnings estimates for its fiscal second quarter. Cisco reported $12.45 billion in revenue, up 5 percent from a year ago and above the $12.41 billion analysts had anticipated....
-
Cisco Shares Rise After Q2 Earnings Beat
Wednesday, February 13, 2019 - 5:20pm | 268Cisco Systems, Inc. (NASDAQ: CSCO) shares are up 3 percent after delivering a mixed second-quarter earnings report. Second-quarter earnings came in at 73 cents per share, beating estimates by a penny. Sales came in at $12.4 billion, missing estimates by $10 million. The company reported strong...
-
Barclays: Cisco Has No Plans To 'Crank Up The M&A Machine', Says Stock Could Be A 'Supertanker'
Tuesday, June 21, 2016 - 11:28am | 358Barclays said Cisco Systems, Inc. (NASDAQ: CSCO) is focusing more on internal growth, which could assuage investor concerns that "Cisco might crank up the M&A machine following the recent departures of executives responsible for technology spin-ins." The brokerage said its meeting with CEO...
-
Cisco's CEO Talks Emerging Markets, Customer Trends And Dividends
Thursday, February 11, 2016 - 3:16pm | 321Shares of Cisco Systems, Inc. (NASDAQ: CSCO) surged higher by around 10 percent on Thursday following its top and bottom beat in its fourth-quarter results. Speaking to CNBC on Thursday, Cisco's CEO Chuck Robbins discussed the company's performance in the fourth quarter and its outlook. Robbins...
-
What's Coming At Dreamforce 2015?
Monday, September 14, 2015 - 11:13am | 441Salesforce.com, inc. (NYSE: CRM)'s annual tech event called ‘Dreamforce' will take place September 15-18. Speakers include CEOs from Salesforce, Microsoft, YouTube, Western Union, Cisco, Uber and more. Analysts are mostly bullish heading into this year's event which may...
-
Early Wall Street Reactions To Cisco's Impressive Earnings
Thursday, August 13, 2015 - 9:46am | 483Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fourth-quarter results after Wednesday's market close. Shares were up more than 4 percent shortly after Thursday's opening bell. Several analysts offered an early analysis of the print. William Blair: Strong Quarter...
-
The Challenges Chuck Robbins Faces As The New CEO Of Cisco
Tuesday, May 5, 2015 - 1:40pm | 395Cisco Systems, Inc. (NASDAQ: CSCO) announced on Monday that its CEO, John Chambers, would be stepping down from the position after 20 years and Chuck Robbins, a Cisco veteran, would be taking his place. Dan Morgan from Synovus Trust Company was on CNBC recently to discuss the hiring and...
-
Cisco Shares React To New CEO
Monday, May 4, 2015 - 9:03am | 197Cisco Systems, Inc. (NASDAQ: CSCO) announced Monday that Chuck Robbins will become its next CEO, effective July 26. Robbins will replace current CEO John Chambers, who will assume the role of executive chairman, according to the release. Chambers became Cisco's CEO in January 1995 at the...