Evaluate Cisco's (CSCO) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
On Wednesday, Cisco Systems Inc (NASDAQ: CSCO) reported its fiscal third quarter results and both its top and bottom-line surpassed Wall Street’s estimates. However, this does not change the fact that revenue suffered its steepest decline in 15 years. Like in its previous quarterly report, Cisco attributed the sales softness by consumers setting up the equipment they received during earlier quarters, stating that it expects such installations to be mostly done by the end of the fiscal year. Desp
Tech industry icon Cisco hosts an investor day on June 4 in the wake of acquiring software maker Splunk. The company is expected to update strategy and financial goals.