je.st
news
Home › cisco
Tag: cisco
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.