Entering text into the input field will update the search result below

Cisco sets earnings date, shakes up software licensing

Jan. 29, 2015 2:59 PM ETCisco Systems, Inc. (CSCO) StockBy: Eric Jhonsa, SA News Editor3 Comments
  • Cisco's (NASDAQ:CSCO +1.1%) FQ2 report will arrive after the close on Wednesday, Feb. 11. CC (likely to feature guidance) at 4:30PM ET.
  • Consensus is for revenue of $11.8B (+5.7% Y/Y) and EPS of $0.51. The networking giant is up 9% since providing an FQ1 beat and light FQ2 guidance on Nov. 12.
  • Separately, Cisco has unveiled its ONE software licensing program, which (echoing programs from Microsoft, VMware, and others) places a variety of products previously sold piecemeal into bundles created for managing corporate campus, data center, and WAN hardware. A cloud management bundle is also launching, as is an option to buy the bundles via subscriptions.
  • "Most people don't think of Cisco as a software company per se, but we'd be the fifth largest software company in the world based on revenue," says exec Don Lohmeyer. Back in 2012, Cisco set a goal of doubling software sales by 2017.

Recommended For You

About CSCO Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
CSCO--
Cisco Systems, Inc.