Home Cisco raises dividend as profits improve despite 4% fall in revenue
 

Keywords :   


Cisco raises dividend as profits improve despite 4% fall in revenue

2020-02-13 08:32:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.

Tags: in improve fall revenue

Category:Telecommunications

Latest from this category

All news

07.01Microsoft 365 Copilot Business Signals a New Phase of AI Adoption for SMBs
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
09.01First-ever Iowa Farm Act aims to strengthen state's ag sector
09.01Martin Lewis on 'the most dangerous form of mainstream debt in the UK'
09.01Martin Lewis on 'the most dangerous form of mainstream debt in the UK'
09.01US job creation in 2025 slows to weakest since Covid
09.01House Ag Democrats demand oversight as committee focus shifts
09.01Auction therapy provides market clarity over industry criticism
09.01Denmark phases out farrowing pens
09.01R2 Recycling Worcester Reaffirms Commitment to Secure, Compliant Electronics Recycling for Local Businesses
More »