Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat

Now watching

Next video starts in : 7 Play

Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat

Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat
Replay video
Up next

John Legend Hosted a Wedding for His Dogs and It's Not an April Fools' Joke

Unlock your personal NFL Now stream by signing in to NFL.com

Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat

by Wochit 0:38 mins

Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat

by Wochit 0:38 mins

Today Cisco reported its fiscal fourth quarter 2014 results, including revenue of $12.36 billion in revenue, and non-GAAP earnings per share of $0.55. Investors had expected $0.53 in profit per share in revenue of $12.14 billion in revenue. Despite besting expectations, Cisco’s quarter was lackluster. The company’s revenue fell 0.5% compared to the year ago period, and its net income fell 1% compared to its fiscal fourth quarter of 2014.

Wochit

Must Watch

  1. 3:42

    We Tried Out Pinterest Hair Tutorials And This Is What Happened

  2. 1:57

    Are Aliens Sending Us Radio Waves?

  3. 1:32

    Katie Couric's Awesome April Fools' Prank on James Corden

  4. 2:06

    SNL Host Michael Keaton Gets Robbed

  5. 1:13

    Selena Gomez Gave Comedian Advice on Roasting Justin Bieber

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 0:29

    Watch a Sneak Peek of Community Episode 5

  6. 2:01

    Sin City Saints: Official Trailer