(USD) | Jan 2024 | Q/Q |
---|---|---|
Revenue | 12.8B | -13% |
Gross Profit | 8.2B | -14% |
Cost Of Revenue | 4.6B | -11% |
Operating Income | 3.1B | -28% |
Operating Expenses | 5.1B | -3% |
Net Income | 2.6B | -28% |
R&D | 1.9B | +2% |
G&A | 642MM | -4% |
Marketing | 2.5B | -2% |
Amortization | 66MM | -1% |
Interest Expense | 120MM | +8% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Cisco Systems (CSCO) concluded the recent trading session at $47.98, signifying a -0.55% move from its prior day's close.
Cisco's growth outlook should improve, says a Bank of America analyst who upgraded the computer networking giant to buy. Cisco stock climbed on the news.
Cisco (CSCO) completes the previously announced acquisition of Isovalent, a leader in open-source cloud-native networking and security.
Cisco Systems shares are getting a boost Monday from BofA Global Research analyst Tal Liani, who bumped up his rating on the networking hardware provider to Buy from Neutral. Cisco on Monday is up 0.8% at $48.88. This is the third upbeat note on Cisco in the past few trading days.
Cisco (NASDAQ: CSCO) today announced the completion of the acquisition of Isovalent, a leader in open source cloud native networking and security. This marks a significant step forward in Cisco's commitment to define the future of secure, multicloud networking.
Analyst Atif Malik resumed coverage of the networking hardware provider with a Neutral rating, while opening a “positive catalyst watch” designation to the stock. Malik notes that Cisco earnings estimates are likely to decline for the next quarter or two as customers work down excess inventory. The company will also be absorbing the impact of its $28 billion acquisition of the observability software company Splunk, which it completed ahead of schedule last month.
In the latest trading session, Cisco Systems (CSCO) closed at $49.21, marking a -1.6% move from the previous day.
Cisco will host a Tech Talk with Gary Steele, EVP and GM, Splunk, a Cisco company, to discuss Splunk's security and observability capabilities.
Upstream Security, an Israeli auto cybersecurity startup, said on Wednesday it received an undisclosed investment from Cisco Investments as demand grows for internet-connected vehicles and other devices. Cisco Investments is the corporate venture capital arm of Cisco Systems. Upstream said it already protects millions of mobility connected vehicles and devices globally, using cloud-based threat detection and response.
The company could have a bright future now that it is the owner of a good cybersecurity business.