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Cisco cutting 5% of global workforce in restructuring move
CNBC· 2024-02-15 05:15
Cisco裁员情况 - Cisco宣布裁员5%,股价下跌4%[1] - 2024年1月,科技行业裁员潮持续,包括谷歌母公司Alphabet、亚马逊、微软和SAP等公司都宣布裁员[2] Cisco财报表现 - Cisco第二季度财报表现强劲,但给出了较轻的预测,营收同比下降6%[3] - 分析师预期Cisco的每股收益和营收高于公司实际预测[4] - Cisco全年预期调整后每股收益和营收均低于分析师预期[5]
CISCO REPORTS SECOND QUARTER EARNINGS
Prnewswire· 2024-02-15 05:05
SAN JOSE, Calif., Feb. 14, 2024 /PRNewswire/ -- News Summary: $12.8 billion in revenue, down 6% year over year; GAAP EPS $0.65, down 3% year over year, and Non-GAAP EPS $0.87, down 1% year over year Revenue growth in security, collaboration and observability Progress on business model transformation in Q2 FY 2024: Total software revenue was flat year over year and software subscription revenue up 5% year over year Total annualized recurring revenue (ARR) at $24.7 billion, up 6% year over year and product AR ...
Earnings Preview: What To Expect From Cisco's Results
Forbes· 2024-02-14 23:13
思科系统公司财报预测 - 思科系统公司将在本周四收盘后公布财报,预期每股收益为0.84美元,营收为127.1亿美元[1] - 过去三个季度,公司的盈利增长率均达到两位数,预计2025年每股收益将达到3.79美元,较2024年的预估值3.71美元高出2%[3] 思科系统公司财务状况 - 思科系统公司的市盈率(P/E)为12,低于许多其他科技股[2] - 思科系统公司的资产负债表健康,现金流为4.13美元,前瞻市盈率仅为13,吸引了一些投资者[4] 思科系统公司股票表现 - 技术上,股票近期表现不佳,股价落后于主要指数和同行公司,股价回升至52美元以上将是利好信号[5] 思科系统公司业务领域 - 思科系统公司是一家基于IP的网络公司,提供产品和服务给服务提供商、公司、商业用户和个人,正在快速扩大网络安全领域的业务[6] 思科系统公司市场策略 - 在财报季节,公司关注市场和特定公司对消息的反应,始终保持小额亏损并避免与市场趋势对抗[7]
Cisco Systems sales to dwindle throughout 2024, says broker
Proactive Investors· 2024-02-13 02:15
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finan ...
3 Cheap Tech Stocks to Buy Right Now
The Motley Fool· 2024-02-13 01:15
Many tech stocks soared over the past year as interest rates stabilized and investors eagerly rushed toward AI- related stocks in anticipation of a major AI boom. However, that buying frenzy also inflated some tech stocks' valuations to historical highs. So for investors who are wary of buying the market's priciest tech stocks, it might be a good idea to look for the cheaper value plays that pay steady dividends instead. I believe three underappreciated blue chip stocks fit the bill: IBM (IBM -0.28%), AT&T ...
Cisco to cut thousands of jobs: report
Fox Business· 2024-02-12 23:15
Cisco is planning to cut thousands of jobs as it restructures its business, according to a report. The San Jose, California-based network giant is trying to turn its focus on high-growth areas, sources familiar with the matter told Reuters. However, the exact number of layoffs hasn't been determined yet, a source said. As of July 2023, the company had approximately 84,900 employees globally, according to the company's annual report. LAYOFFS SURGED 136% IN JANUARY TO SECOND-HIGHEST LEVEL ON RECORD Representa ...
Cisco Layoffs 2024: What to Know About the Latest CSCO Job Cuts
InvestorPlace· 2024-02-12 22:36
Cisco (NASDAQ:CSCO) layoffs are coming for employees of the internet communications company as it prepares for major job cuts in the near future. According to recent reports, Cisco is looking at laying off thousands of employees. However, the company hasn’t decided on the exact number of roles that will be reduced. The report says that an announcement could come sometime this week as the company is getting ready to report earnings on Wednesday. Insiders close to the matter claim that these Cisco layoffs wil ...
Cisco To Fire Thousands
24/7 Wall Street· 2024-02-10 19:52
Cisco To Fire Thousands Alexander Koerner / Getty Images News via Getty Images Cisco (NASDAQ: CSCO) is set to fire thousands of workers, according to Reuters. The router company has about 65,000 workers. Cisco joins Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG), and Meta (NASDAQ: META) as huge tech companies with pruned headcounts. Usually, the reason given is that they hope to be more “efficient.” This implies that they overhired at some point. Another reason for the cuts is that AI can do work once do ...
3 Strong Buy Dow Stocks to Add to Your February Must-Watch List
InvestorPlace· 2024-02-10 06:13
One of the best ways to spot opportunities in strong buy Dow stocks is with the Dogs of the Dow strategy. At the end of every year, you simply buy the top 10 worst-performing stocks on the Dow, which also have respectable dividends. Over the year, you collect yield and hopefully benefit from Dow stock recoveries. Usually, the strategy works out well. For example, in 2023, the top Dogs returned 10.4% compared to the Dow Jones average return of 14.4%. In 2022, the Dogs returned 2.2%, outperforming the Dow’s - ...
Cisco to lay off thousands in restructuring: report
Market Watch· 2024-02-10 02:19
思科公司裁员计划 - 思科系统计划裁员数千人,以重组业务,更专注于高增长市场[1] - 思科在2023财年拥有全球84,900名员工[2] - 思科在报告季度业绩表现优异后,股价下跌10%,给出了低于预期的财季第二季度营收指引,并降低了全年营收预测[2]