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Cisco Systems Inc (CSCO.OQ)

CSCO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Cisco Declares Quarterly Cash Dividend of $0.29 Per Share
Monday, 11 Dec 2017 08:00am EST 

Dec 11 (Reuters) - Cisco Systems Inc ::CISCO DECLARES QUARTERLY CASH DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.29PER SHARE.  Full Article

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

BRIEF-Cisco Declares Quarterly Cash Dividend of $0.29 Per Share

* SETS QUARTERLY DIVIDEND OF $0.29PER SHARE Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)