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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.

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Cisco Systems Inc. collaborates with Cisco Foundation grantees to support preservation and protection of the Amazon basin.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Cisco announces Motific, a SaaS product designed to accelerate trustworthy generative AI (GenAI) deployments in organizations, reducing deployment times from months to days and providing controls for security, compliance, and cost. Motific aims to address the challenges faced by organizations in tailoring GenAI applications to their specific use cases, while also providing insights into operational and business metrics. The product is expected to be generally available by June 2024.
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Cisco (NASDAQ: CSCO) has announced a series of innovative solutions on the Cisco Observability Platform, including Digital Experience Monitoring, observability for Kubernetes workloads, Unified Observability Experience, and Cisco AIOps for Full-Stack Observability. The enhancements aim to empower customers with better visibility, insights, and actions across domains, delivering secure and performant user and application experience.
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FAQ

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

The current stock price of Cisco Systems (CSCO) is $62.232 as of January 23, 2025.

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

The market cap of Cisco Systems (CSCO) is approximately 245.3B.

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.
Cisco Systems, Inc.

Nasdaq:CSCO

CSCO Rankings

CSCO Stock Data

245.29B
3.98B
0.06%
79.18%
1.43%
Communication Equipment
Computer Communications Equipment
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United States of America
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