Cisco Systems, Inc. (CSCO)
Watch These Cisco Price Levels as Stock Surges After Strong Earnings, Job Cuts
Shares in Cisco Systems (CSCO) jumped in premarket trading Thursday after the technology and networking company released earnings that topped Wall Street's estimates and announced that it's cutting 7% of its global workforce.
Tech Wreck 2024: 3 Oversold Stocks to Buy for the Next Decade
Even after last week's nice relief rally, there are several oversold stocks out there that may make sense to buy in mid-August. Whether or not the relief bounce kicks into high gear, it's hard not to act on many names that are close to the cheapest they've been in many months.
Cisco Systems, Inc. (CSCO) Q4 2024 Earnings Call Transcript
Cisco Systems, Inc. (NASDAQ:CSCO ) Q4 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Sami Badri - Head of Investor Relations Chuck Robbins - Chair and Chief Executive Officer Scott Herren - Executive Vice President and Chief Financial Officer Conference Call Participants Meta Marshall - Morgan Stanley Tal Liani - BofA Securities Samik Chatterjee - JPMorgan George Notter - Jefferies Amit Daryanani - Evercore ISI Simon Leopold - Raymond James Matt Niknam - Deutsche Bank Ittai Kidron - Oppenheimer Jim Fish - Piper Sandler Ben Reitzes - Melius Research Aaron Rakers - Wells Fargo Adrian Colby - Citi Karl Ackerman - BNP Paribas Operator Welcome to Cisco's Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call. At the request of Cisco, today's conference is being recorded.
Markets Up, Revert Back to Blue Chips, CSCO Beats in Q4
Cisco (CSCO) stock is up +6% in late trading largely on improved guidance, both for next quarter and the full year on the top line.
Cisco (CSCO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Cisco (CSCO) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Cisco's Stock Rallied After It Announced Earnings — and More Layoffs
Cisco Systems (CSCO) is cutting about 7% of its workforce as it pivots to higher-growth areas like cybersecurity and artificial intelligence (AI), the company announced in an SEC filing alongside its fiscal fourth-quarter results.
Cisco to Lay Off More Staff in Second Round of Job Cuts This Year
The cuts could amount to about 6,000 jobs for the San Jose, Calif., maker of computer networking technology.
Cisco Systems (CSCO) Tops Q4 Earnings and Revenue Estimates
Cisco Systems (CSCO) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.14 per share a year ago.
Cisco shares jump as Q4 sales and profits beat estimates
Cisco Systems Inc (NASDAQ:CSCO, ETR:CIS) shares jumped more than 6% afterhours as the networking, security and cloud firm posted better-than-expected financial results for the fiscal fourth quarter and guidance above Street estimates. For Q4, Cisco said revenue decreased 10% year-over-year to $13.6 billion, above the high end of the company's guidance range and ahead of estimates of $13.52 billion.
Cisco Earnings, Revenue Top Estimates Amid Low Expectations
Cisco reported fiscal Q4 earnings and revenue that fell from a year earlier but topped Wall Street estimates.
Cisco announces new restructuring plan
Cisco Systems announced a restructuring plan on Wednesday to invest in key growth opportunities and drive more efficiencies.
Cisco reports better-than-expected results and issues optimistic forecast
Cisco reported its third straight quarter of declining revenue, wrapping up its first full fiscal year drop since 2020. Earnings and revenue topped analysts' estimates.
