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Cisco Q3 revenues up 5.1%, net profit grows 11.7%

2015-05-14 08:31:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal third quarter to April of USD 12.1 billion, up 5.1 percent from a year earlier. The data centre segment showed the strongest growth, with revenues up 21 percent to USD 801 million. Wireless sales rose by 9 percent to USD 611 million, security was up 14 percent to USD 412 million, and collaboration products increased revenue 7 percent to USD 973 million. Cisco's main products, switches and routers grew revenue by respectively 6 and 4 percent in Q3. The company's gross margin reached 62.5 percent, down slightly from 62.7 a year ago. Net profit rose 11.7 percent year-on-year to USD 2.4 billion or 47 cents a share. Operating cash flow fell to USD 3.0 billion from USD 3.2 billion a year ago, and Cisco ended the quarter with total cash of USD 54.4 billion, up from USD 53.0 billion at the end of 2014. The company reported product orders up 2 percent year-on-year in the quarter, led by by 7 percent growth in the enterprise and public sector markets and a 6 percent increase in the commercial sector. The service provider remained weak, with orders down 2 percent from a year earlier. Cisco said the US enterprise and public sector orders were particularly strong, growing respectively 21 and 10 percent. Orders in the EMEA region grew just 2 percent, and the APJC region returned to growth, with a 1 percent increase. 

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Cisco to Acquire API Specialist Tropo

2015-05-07 20:02:44| Appliances - Topix.net

In a bid to increase its focus on real-time communications, Cisco plans to acquire application programming interface vendor Tropo. Tropo specializes in real-time voice, video and messaging APIs that help telcos monetize their network assets through third-party app development.

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Cisco delivers access platform for 10G cable broadband

2015-05-05 18:49:00| Telecompaper Headlines

(Telecompaper) Cisco announced a new platform to help cable operators deliver 10 Gbps broadband. The cBR-8 Evolved Converged Cable Access Platform is a first for the industry, Cisco said, offering broadband operators full Docsis 3.1 capabilities and the ability to scale to 10 Gbps without the need for multiple system rewiring. The cBR-8 integrates the previously stand-alone functions required in a cable hub, helping cable operators to achieve savings that could exceed 40 percent of capital and operating expenses over five years, compared to other CCAP platforms, Cisco claims. The Cisco platrform is designed to support the anticipated video and data services transformation over the next decade and beyond. In addition to Docsis 3.1, the cBR-8 will deliver distributed CCAP, full spectrum video convergence, and software defined networking. Cisco Migration Services are also available for the cBR-8. The product is shipping already to multiple cable operators' networks worldwide, including Comcast and Altice.

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Cisco set to boost Internet speed for cable companies

2015-05-05 15:39:39| Telecom - Topix.net

Network equipment maker Cisco Systems Inc is set to launch a converged cable access platform, enabling cable operators offer download speeds of one gigabit a second or more. REUTERS: Network equipment maker Cisco Systems Inc is set to launch a converged cable access platform, enabling cable operators offer download speeds of one gigabit a second or more.

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Insider to replace Chambers as Cisco CEO this summer

2015-05-05 02:00:00| Total Telecom industry news

Chuck Robbins named as new leader of network equipment maker; Chambers to remain as executive chairman.

Tags: summer replace ceo insider

 

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