Tag Archives: csco

Cisco Systems Revamping Ailing Conferencing Business

Rowan Trollope loves a tough challenge — like getting room-sized systems down to mobile phone size. That is indeed one of the goals of the senior vice president at Cisco Systems (CSCO), who is charged with returning growth to the networking gear leader’s stagnant collaboration business. This business sells goods and services that help companies use video to connect meetings and share information. Revenue for Cisco’s collaboration business, which

Cisco Q2 Improvement ‘Across The Board’

Cisco Systems late Wednesday reported financial results that beat views, and its CEO said the No. 1 networking gear maker saw “dramatic” improvement. The company returned to year-over-year profit and sales growth for the first time in five quarters. Cisco (CSCO) said it earned 40 cents a share minus items for its fiscal second quarter ended Jan. 23. That’s up 25% from the year-earlier quarter and above the 35 cents expected by analysts polled by