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Cisco's revenue fell 6% to $13.84 billion in the first quarter ended October 26, beating estimates of $13.77 billion

Cisco beats earnings expectations as AI spurs demand

Cisco Systems has forecast quarterly revenue and profit above Wall Street estimates after posting upbeat first-quarter results, helped by improving demand for its networking gear amid the AI boom.

Business • 14 Nov 24

The Cisco-Splunk deal is expected to close by the end of the third quarter of 2024 subject to regulatory approvals

Cisco Systems agrees $28 billion Splunk deal

Cisco Systems has agreed buy cybersecurity firm Splunk for about $28 billion in its biggest-ever deal to beef up its software business and capitalise on the rising use of artificial intelligence.

Business • 21 Sep 23

Shares of the world's biggest producer of vital data connectors have risen 30% in the past 12 months.

Cisco shares scale 18-year highs on revenue growth

Shares in Cisco Systems opened at their highest in 18 years today after quarterly earnings suggested a years-long effort to turn the network gear maker around was finally bearing fruit.

Business • 15 Feb 18

Microsoft holds the number one spot in a new 'Top 100 Global Technology Leaders list'

Microsoft tops Reuters 100 global tech leaders list

Thomson Reuters has today published its debut "Top 100 Global Technology Leaders" list with Microsoft in the number one spot.

Business • 17 Jan 18

The deal is one of Cisco's argest of recent years as it searches for growth beyond its core networking business

Cisco to buy AppDynamics in $3.7 billion deal

Cisco Systems has agreed to buy US business software company AppDynamics for about $3.7 billion.

Business • 25 Jan 17

Cisco Systems plans to cut another 6,000 jobs worldwide

Cisco to cut another 6,000 jobs as forecast falls

Cisco Systems has forecast tepid quarterly results and said it plans to cut another 6,000 jobs.

Business • 14 Aug 14

Cisco to cut jobs worldwide despite growth in quarterly earnings and revenues

Cisco to cut 5% of global workforce

Technology company Cisco Systems said its earnings and revenue grew in the latest quarter as demand for its computer networking equipment increased.

Business • 15 Aug 13

Cisco has not specified which operations will be affected

Cisco Systems plans to shed around 1,300 jobs

Cisco Systems plans to eliminate about 1,300 jobs, or 2% of its global workforce, as Europe's debt crisis and sluggish corporate spending threaten sales.

News • 24 Jul 12