Cisco reported that fiscal Q1 2014 switching sales rose 3 percent to $3.75 billion as it saw an increase in the Americas and EMEA regions. But while Cisco's revenues rose 1.2 percent year-over-year to $12 billion, net profit dropped 4.6 percent to $2 billion.
Cisco reported on Tuesday that fiscal Q1 revenue rose 5.5 percent to $11.9 billion, slightly exceeding analysts' projections of $11.8 billion.
Ciena (Nasdaq: CIEN) as expected reported a fiscal Q1 2012 loss with revenue of $416.7 million for the three months to the end of January 2012, slightly missing analyst expectations. In February, the
John Chambers' plan to put Cisco Systems (Nasdaq: CSCO) back on a path of focused growth appears to be working as the networking vendor reported $11.3 billion in net sales for its fiscal first
BT (NYSE: BT) saw its share of growing pains in its fiscal first quarter as revenue declined by 5 percent to £4.76 million ($7.75 million) while broadband subscribers continued to rise. During
Satellite provider DirecTV (Nasdaq: DTV) showed that a pay TV company can add subscribers and make money at the same time. The largest satellite TV company in the United States said it added 611,000
Ciena's (Nasdaq: CIEN) fiscal Q1 earnings got a boost from its acquisition of Nortel's Metro Ethernet Network (MEN) division, but that wasn't enough to offset wider losses and a second quarter
As expected, Walt Disney Co. (NYSE: DIS), bolstered by higher ad revenues, posted a 54 percent earnings improvement to $1.3 billion during its fiscal first quarter. Everything was up--cable (ESPN),
In a tale of two providers, Canadian cable operator Cogeco said it's raising financial guidelines thanks to a stronger-than-expected first quarter while fellow operator Shaw Communications (NYSE:
News Corp. (Nasdaq: NWSA) has confirmed what cable operators already knew--or at least strongly suspected: playing hardball with retrans agreements is good for the bottom line. The Rupert Murdoch-run