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Cisco Systems Inc (CSCO.OQ)

CSCO.OQ on NASDAQ Stock Exchange Global Select Market

35.90USD
17 Nov 2017
Change (% chg)

$0.02 (+0.06%)
Prev Close
$35.88
Open
$35.89
Day's High
$36.32
Day's Low
$35.82
Volume
8,888,484
Avg. Vol
5,500,901
52-wk High
$36.67
52-wk Low
$29.12

Latest Key Developments (Source: Significant Developments)

Cisco Q1 GAAP earnings per share $0.48
Wednesday, 15 Nov 2017 

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 

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 

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 

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 

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 

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 

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

Appdynamics files to withdraw IPO plans - SEC filing
Thursday, 16 Mar 2017 

Appdynamics Inc : Files to withdraw IPO plans - sec filing . Appdynamics Inc - applying for withdrawal of ipo because company has entered into agreement and plan of merger with Cisco Systems, Inc .Appdynamics Inc - had previously filed for IPO of up to $100 million in december 2016.  Full Article

Cisco reports Q2 adj. earnings per share $0.57
Wednesday, 15 Feb 2017 

Cisco Systems Inc : Cisco reports second quarter earnings . Q2 non-GAAP earnings per share $0.57 . Q2 GAAP earnings per share $0.47 . Q2 revenue $11.6 billion versus I/B/E/S view $11.55 billion . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Cisco sees Q3 non-GAAP earnings per share $0.57 to $0.59 . Q3 earnings per share view $0.58, revenue view $11.85 billion -- Thomson Reuters I/B/E/S . Sees Q3 revenue down 2 pct to 0 pct year over year . Cisco - increases quarterly cash dividend 12 pct to $0.29 .Sees Q3 GAAP earnings per share $0.44 to $0.49.  Full Article

Cisco, Salesforce announce global strategic alliance
Thursday, 22 Sep 2016 

Cisco Systems Inc : Cisco and Salesforce announce global strategic alliance . Collaboration integrations are expected to be available in second half of 2017 . IOT integrations are expected to be available in second half of 2017 and pricing will be announced at that time . Cos to develop,market solutions that join Cisco's collaboration, IOT,contact center platforms with Salesforce sales cloud, IOT cloud,service cloud .Integrations between Cisco's unified contact center enterprise,Salesforce's service cloud are available Thursday through Salesforce AppExchange.  Full Article

BUZZ-U.S. stocks weekly: Feeling taxed

** S&P 500 gyrates before edging lower for second straight week as tax changes mulled