Cisco reports Q3 revenue up 12% YoY to $15.84B, above $15.56B est., raises its FY 2026 AI orders forecast, and is cutting fewer than 4,000 jobs; CSCO jumps 15%+
Cisco shares soared 17% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street's projections.
Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours
Cisco shares soared 15% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street's projections.
Cisco reports Q2 revenue up 10% YoY to $15.35B, above $15.12B est., and forecasts Q3 adjusted EPS only in line with estimates; CSCO drops 7%+
Cisco's stock touched a new record high of $80.25 on December 10, surpassing its previous split-adjusted high of $80.06 on March 27, 2000; CSCO is up 31.64% YTD
🥳🥳🥳🥳🥳 — It only took 25 years, eight months and 13 days, but the stock of Cisco Systems finally hit a new record high.
Ciroos.AI, whose AI-powered site reliability engineering tool built on MCP and A2A helps businesses automate operations, emerges from stealth and raised $21M
Founded by a deep bench of tech talent, including former Cisco, AWS and Gigamon execs, Ciroos.AI is launching with $21 million raised …
Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it's cutting 7% of its workforce, after cutting 5% in February 2024; CSCO jumps 5%+
Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce …
Sources: Cisco plans a second round of layoffs this year, affecting as many or slightly more than the 4,000 laid off in February
Cisco (CSCO.O) will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas …
AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds an Intel executive as COO
Cisco and Samsung invested in the $640 million deal — Artificial intelligence startup Groq Inc. has raised $640 million in new funding …
Cisco reports Q2 revenue down 6% YoY to $12.79B, vs. $12.71B est., and plans to cut 5% of its global workforce, or about 4,250 jobs; CSCO drops 5%+
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