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Cisco Systems Inc (CSCO.O)

CSCO.O on Nasdaq

36.56USD
12:45pm EST
Change (% chg)

$-0.09 (-0.25%)
Prev Close
$36.65
Open
$36.70
Day's High
$36.72
Day's Low
$36.36
Volume
8,071,482
Avg. Vol
19,637,131
52-wk High
$36.97
52-wk Low
$29.12

Latest Key Developments (Source: Significant Developments)

Cisco Q1 GAAP earnings per share $0.48
Wednesday, 15 Nov 2017 04:05pm EST 

Nov 15 (Reuters) - Cisco Systems Inc :Cisco reports first quarter earnings.Q1 non-GAAP earnings per share $0.61.Q1 GAAP earnings per share $0.48.Q1 revenue $12.1 billion versus I/B/E/S view $12.11 billion.Sees Q2 2018 GAAP earnings per share $0.46 to $0.51.Q1 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Cisco - sees q2 non-gaap earnings per share $0.58 to $0.60‍​.Cisco sees q2 fy 2018 revenue growth of ‍1 pct to 3 pct year over year​.Q2 earnings per share view $0.58, revenue view $11.70 billion -- Thomson Reuters I/B/E/S.Cisco - Q2 fy2018 business outlook does not reflect any impact from the pending acquisition of broadsoft‍​.  Full Article

BroadSoft reports qtrly ‍non-GAAP diluted earnings per share equaled $0.38 per common share​
Monday, 6 Nov 2017 07:30am EST 

Nov 6 (Reuters) - BroadSoft Inc :BroadSoft Inc reports third quarter 2017 financial results.BroadSoft Inc - qtrly ‍total revenue increased 9% year-over-year to $91.5 million​.BroadSoft Inc - qtrly ‍GAAP basic and diluted net loss per share equaled $0.09 per common share​.BroadSoft Inc - qtrly ‍non-GAAP diluted earnings per share equaled $0.38 per common share​.BroadSoft Inc - ‍due to pending deal with Cisco, company will not be updating its outlook for fiscal 2017​.BroadSoft Inc - ‍due to pending deal with Cisco, company will not be hosting a conference call for its Q3 2017 business results​.  Full Article

Cisco says CEO Charles Robbins‍​'s fy 2017 total compensation was $16.75 mln‍​
Wednesday, 25 Oct 2017 04:40pm EDT 

Oct 25 (Reuters) - Cisco Systems Inc :Cisco says CEO Charles Robbins‍​'s fy 2017 total compensation was $16.75 million versus $16.0 million in fy 2016 - SEC filing ‍​.Cisco Systems Inc - CFO Kelly Kramer's total compensation for 2017 was $8.8 million versus $9.1 million in 2016‍​.Cisco says executive chairman John Chambers‍​' fy 2017 total compensation was $6.9 million versus $9.86 million in fy 2016.  Full Article

‍Cisco and Google partner on new hybrid cloud solution
Wednesday, 25 Oct 2017 08:00am EDT 

Oct 25 (Reuters) - Cisco Systems Inc :‍Cisco and Google partner on new hybrid cloud solution, enabling apps to span on-premises environments and Google cloud platform​.  Full Article

Cisco to report product and service revenue in five categories​
Monday, 23 Oct 2017 04:30pm EDT 

Oct 23 (Reuters) - Cisco Systems Inc :Cisco - ‍will report its product and service revenue in five categories​.Cisco - ‍change in reporting product and service revenue​ will only impact how co reports revenue by product category.Cisco - ‍will report product and service revenue in Infrastructure Platforms, Applications, Security, Other Products, Services​ categories.  Full Article

BroadSoft says if deal with Cisco is terminated under certain circumstances, co to pay Cisco cash amount of $56 mln
Monday, 23 Oct 2017 09:00am EDT 

Oct 23 (Reuters) - Broadsoft Inc ::Broadsoft Inc says if deal with Cisco is terminated under certain circumstances, co to pay Cisco a cash amount equal to $56 million - SEC filing.  Full Article

Cisco announces agreement to acquire Broadsoft
Monday, 23 Oct 2017 08:00am EDT 

Oct 23 (Reuters) - Cisco Systems Inc :Cisco announces agreement to acquire Broadsoft, a leader in cloud calling and contact center solutions.Cisco - ‍pursuant to agreement, Cisco will pay $55 per share, in cash, in exchange for each share of Broadsoft​.Cisco - deal for ‍aggregate purchase price of approximately $1.9 billion net of cash​.Cisco - ‍acquisition has been approved by Board of Directors of co, Broadsoft​.Cisco - ‍prior to close, Cisco and Broadsoft will continue to operate as separate companies​.Cisco - ‍upon completion of transaction, Broadsoft employees will join Cisco's Unified Communications Technology Group​.  Full Article

TIBCO acquires data virtualization business from Cisco
Thursday, 5 Oct 2017 08:00am EDT 

Oct 5 (Reuters) - Tibco Software Inc :TIBCO acquires data virtualization business from Cisco.Tibco Software Inc - ‍has entered into an agreement to acquire cisco's data virtualization business​.  Full Article

Cisco executive chairman John Chambers to not stand for re-election
Monday, 18 Sep 2017 09:00am EDT 

Sept 18 (Reuters) - Cisco Systems Inc -:Cisco executive chairman John Chambers notifies board of directors that he will not stand for re-election.Cisco - ‍board plans to appoint Cisco ceo Chuck Robbins to serve as chairman when Chambers' term expires at annual meeting of shareholders on Dec 11​.Cisco - John Chambers will be given honorary title of chairman emeritus at annual meeting of shareholders on December 11, 2017.  Full Article

Cisco declares quarterly cash dividend
Wednesday, 13 Sep 2017 04:30pm EDT 

Sept 13 (Reuters) - Cisco Systems Inc :Cisco declares quarterly cash dividend.Sets quarterly dividend of $0.29per share.  Full Article

US STOCKS SNAPSHOT-Tech stocks lead Wall Street higher at open

Nov 20 U.S. stock indexes opened slightly higher on Monday, led by gains in technology stocks including Cisco and PayPal.