STOCK TITAN
  1. Home
  2. News
  3. CSCO

Cisco Systems, Inc. - CSCO STOCK NEWS

Welcome to our dedicated page for Cisco Systems news (Ticker: CSCO), a resource for investors and traders seeking the latest updates and insights on Cisco Systems stock.

Cisco Systems, Inc., commonly known as Cisco (NASDAQ: CSCO), is a leading American multinational digital communications technology conglomerate headquartered in San Jose, California. Cisco is the world's largest provider of networking equipment and one of the top software companies globally.

The company's core business revolves around selling networking hardware and software, including leading market shares in these sectors. Cisco is also a prominent player in cybersecurity with products like firewalls, and offers collaboration tools such as the Webex suite. Additionally, Cisco provides observability tools to enhance network visibility and performance.

Recent achievements underscore Cisco's commitment to innovation and sustainability. For instance, the Cisco Foundation is actively working on environmental protection projects in the Amazon Basin, highlighting the company's dedication to Corporate Social Responsibility (CSR). Cisco is also at the forefront of AI and data security, unveiling groundbreaking solutions like Cisco Hypershield to protect modern workloads across various platforms.

Cisco is investing heavily in emerging technologies. The company recently launched a $1B AI investment fund to support the startup ecosystem and advance AI solutions, reflecting Cisco's strategic focus on innovation and customer needs in the AI era.

Financially, Cisco continues to perform robustly with substantial investments in R&D, strategic acquisitions, and partnerships. In Q3 FY 2024, Cisco reported revenue of $12.7 billion, demonstrating resilience and adaptability in a dynamic market environment. The acquisition of Splunk, a leading data platform, further strengthens Cisco’s product portfolio and market position.

With a workforce of 80,000 employees across 90 countries, Cisco's global reach is vast. The company outsources its manufacturing but maintains a substantial sales and marketing team to drive global sales. Key partnerships with tech giants like NVIDIA further bolster Cisco's capabilities in AI and cybersecurity.

Overall, Cisco Systems, Inc. is a powerhouse in digital communications, continuously innovating to meet the evolving needs of its customers while maintaining a strong commitment to sustainability and corporate responsibility.

News

Cisco and Barclays to Host Service Provider Networking Tech Talk

Rhea-AI Summary
Cisco will host a Tech Talk with Barclays to discuss Networking Solutions for Service Providers. The event will feature Jonathan Davidson, EVP of Cisco Networking. No new financial information will be shared during the session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
conferences
-
News

Cisco and Jefferies to Host Webcast on Corporate Purpose as a Sustainable Business Driver

Rhea-AI Summary
Cisco and Jefferies to host webcast on corporate purpose as a sustainable business driver. Fran Katsoudas and Mary de Wysocki to discuss Cisco's Purpose 'to Power an Inclusive Future for All'. Event details and resources available on Cisco's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
conferences
-
News

Cisco Foundation Grantees Prioritize Indigenous Leadership To Protect the Amazon Basin

Rhea-AI Summary
Cisco Systems Inc. collaborates with Cisco Foundation grantees to support preservation and protection of the Amazon basin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
Tags
none
News

CISCO REPORTS SECOND QUARTER EARNINGS

Rhea-AI Summary
Cisco reports Q2 FY 2024 results with revenue of $12.8 billion, down 6% year over year. GAAP EPS at $0.65, down 3%, and Non-GAAP EPS at $0.87, down 1%. Progress in security, collaboration, and observability. Dividend increased by 3% to $0.40 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
Tags
earnings
-
News

Cisco: Have You Ever Been Inspired by a Teacher?

Rhea-AI Summary
Cisco Systems Inc. celebrates International Day of Education by highlighting inspiring stories of individuals who overcame challenges through Cisco Networking Academy. The Academy aims to empower people worldwide with IT and digital skills education, with 3.7 million learners in 190 countries. Dedicated instructors, like Johannes Pule Khutsoane from South Africa, Dr. Gabriella Arellano from the US, Neil Hines from Australia, and Arnaud Burlion from France, share their impactful journeys and how Cisco Networking Academy transformed their lives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
-
News

International Day of Education 2024: Spotlight on Cisco’s Education Non-Profit Partnerships

Rhea-AI Summary
Cisco Systems Inc. partners with Code.org and other non-profit organizations to transform education globally. Code.org aims to bring computer science and AI education to over one billion students worldwide, with a focus on underrepresented groups. Cisco's collaboration has expanded access to CS curriculum for millions of students, emphasizing inclusivity and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
partnership
News

Cisco: Purpose. Partnership. Impact

Rhea-AI Summary
Cisco Systems Inc. announced that they have exceeded their ten-year goal to positively impact one billion lives, one year ahead of schedule. They have impacted 1.1 billion lives, representing approximately one-eighth of the world's population. Cisco has forged over 100 partnerships and invested in hundreds of initiatives in nearly two hundred countries, focusing on crisis response, learning and digital skills, and economic empowerment. They have also created the 'Blueprint for One Billion' to align their partnerships and initiatives with their guiding principles, allowing them to have the deepest impact. Cisco's Purpose is to Power an Inclusive Future for All, and they believe their guiding principles can be applied to organizations of any size to drive increased and lasting social impact.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
partnership
-
News

Cisco's Pioneering Identity Intelligence Defends Against Most Persistent Cyber Threat

Rhea-AI Summary
Cisco (NASDAQ: CSCO) unveils new innovations in the Cisco Security Cloud, including the first-of-its-kind Cisco Identity Intelligence and continued AI capabilities to protect organizations against identity-based attacks. The company aims to simplify security and create a unified, AI-driven, cross-domain security platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
-
News

Cisco Adds New Security and AI Capabilities in a Crucial Step Toward Cisco Networking Cloud Vision

Rhea-AI Summary
Cisco introduces new integrations across networking and security portfolios, advancements in AI/ML workloads, and innovations to simplify and secure network operations at any scale. The company aims to address the core priorities of IT organizations, including security, automation, and a unified digital experience for end users, things, and applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
AI
News

Cisco and NVIDIA to Help Enterprises Quickly and Easily Deploy and Manage Secure AI Infrastructure

Rhea-AI Summary
Cisco and NVIDIA have announced plans to deliver AI infrastructure solutions for the data center, offering simplified cloud-based and on-premises AI infrastructure, networking, and software. The partnership aims to enable enterprises to build, deploy, manage, and secure AI solutions at scale, with a focus on providing accessible AI infrastructure for businesses. The companies have attracted key customers such as ClusterPower and aim to offer highly secure Ethernet-based infrastructure solutions to help enterprises support the demand for more computing power in the data center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
AI

FAQ

What is the current stock price of Cisco Systems (CSCO)?

The current stock price of Cisco Systems (CSCO) is $57.46 as of November 15, 2024.

What is the market cap of Cisco Systems (CSCO)?

The market cap of Cisco Systems (CSCO) is approximately 233.6B.

What is Cisco Systems, Inc. known for?

Cisco is known for being the largest provider of networking equipment and one of the top software companies worldwide, specializing in networking hardware, software, and cybersecurity products.

Where is Cisco headquartered?

Cisco Systems, Inc. is headquartered in San Jose, California.

What are some recent achievements of Cisco?

Recent achievements include the launch of Cisco Hypershield for AI security, a $1B AI investment fund, and significant environmental protection initiatives through the Cisco Foundation.

How many employees does Cisco have?

Cisco employs approximately 80,000 people globally.

What is Cisco's approach to manufacturing?

Cisco primarily outsources its manufacturing to third parties while maintaining a strong sales and marketing presence.

What is Cisco Hypershield?

Cisco Hypershield is a revolutionary new security architecture designed to protect AI and other modern workloads across data centers, clouds, and physical locations.

What is the significance of Cisco's acquisition of Splunk?

The acquisition of Splunk strengthens Cisco’s product portfolio, especially in data analytics and security, contributing to future growth and market resilience.

How does Cisco contribute to sustainability?

Cisco contributes to sustainability through initiatives like the Cisco Foundation's projects in the Amazon Basin, focusing on environmental protection and sustainable development.

What are Cisco's key areas of innovation?

Cisco is focusing on AI, cybersecurity, networking, and observability tools, investing heavily in these areas to meet evolving customer needs.

What are Cisco's financial highlights for Q3 FY 2024?

In Q3 FY 2024, Cisco reported revenue of $12.7 billion, demonstrating strong financial performance amid a dynamic market environment.

Stock CSCO logo
Cisco Systems, Inc.

Nasdaq:CSCO

CSCO Rankings

#36 Ranked by Market Cap
#1123 Ranked by Dividends

CSCO Stock Data

233.58B
4.05B
0.06%
79.22%
1.43%
Communication Equipment
Computer Communications Equipment
Link
United States of America
SAN JOSE