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The deal is slated to close within nine to 12 months. Splunk stock rose 21% to $144.85, while Cisco's stock dropped over 3%. Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on ...
Since the stock’s spectacular crash, Cisco’s annual revenue has grown from around $12.5 billion to around $57 billion. Its annual net income has gone from $2.7 billion in 1999 — this flipped ...
Cisco plans to lay off thousands of additional workers this year, according to a Reuters report, in what will be the third significant round of jobs cut at the company in the past 24 months.
Networking hardware giant Cisco Systems (NASDAQ: CSCO) beat analyst expectations across the board with its quarterly report last week, but the stock was punished, nonetheless. Revenue plunged 13% ...
By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that ...
In my opinion, shares of Cisco trading at a forward price-to-earnings (P/E) ratio under 13 times the average Wall Street estimate for 2024 EPS of $3.70 represents good value within the technology ...
Over the long run, network technology specialist Cisco (NASDAQ:CSCO) makes investment sense. With a surge of innovations, especially the 5G network rollout, Cisco stock is incredibly relevant ...
Despite its long history, Cisco Systems (NASDAQ:CSCO) may have only just begun. Cisco stock once flew so high that it briefly attained the largest market cap. After the end of the dot-com boom ...
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