Is Cisco Systems (CSCO) moving toward reacceleration? The computer networking giant is expected to show its third consecutive decline in year-over-year quarterly revenue when it reports its fiscal Q4 earnings after the market close Wednesday. But the decline is expected to be only 2.2%, vs. 5% in Q3 and 8% in Q2. Cisco is amid a restructuring, as the company attempts to push into areas such as the data center, wireless and security to offset
Recent IPOs Arista Networks and TrueCar late Thursday both beat Wall Street consensus estimates with their first earnings reports since going public. Arista Networks (ANET), a provider of networking equipment that competes with Cisco Systems (CSCO) and others, reported second-quarter revenue of $137.9 million, up 65% from the year-earlier quarter and above the consensus estimate of $125 million. Arista stock was up more than 9% in after-hours
Internet service providers need some techie help dealing with the crushing weight of Big Data, and it increasingly looks like they might have an answer: NFV. Little-known Network Functions Virtualization is a software-based system that can help speed the flow of increasing amounts of data through networks at reduced costs. The biggest networking vendors are vying to be top NFV suppliers, including Cisco Systems (CSCO), VMware (VMW), Juniper