Why Cisco Systems Stock Gained 10% in February

According to data provided by S&P Global Market Intelligence, shares of Cisco Systems (NASDAQ:CSCO) gained 10% during February. While the company is operating in a challenging 70-346 environment, the recent earnings report from Cisco Systems give investors a reason to be optimistic.

Cisco delivers under difficult conditions

The economic slowdown in emerging markets, foreign currency 070-684 headwinds, and weak corporate spending are dragging on Cisco's performance. Nevertheless, the 101-01 company still managed to deliver sound numbers for the quarter ending Jan. 23.

Total revenue for the three month period came in at $11.8 1D0-610 billion, a year-over-year increase of 2%. This was at the top end of its guidance for an increase of 1Z0-027 between 0% and 2%. Product sales grew 2% during the quarter, while sales in the services division increased 3%.

Revenue from the switching business was the main weak spot in the report, declining 1Z0-058 by 4% due to by macro weakness in the campus business. The NGN routing division was a positive driver during the quarter, with revenue increasing by 5%. Collaboration revenue grew 3%, while the data center division www.onlineexam.net showed a 3% decline in sales. Among the smaller segments, security was quite healthy, with an 11% increase in revenue during the quarter.

The business is looking good in terms of cash flows and earnings. Operating cash flow was $3.9 billion during the quarter, an annual increase of 36%. Adjusted earnings per share was $0.57, an increase of 8% year over 1Z0-474 year on the back of healthy profit margins and share buybacks reducing the amounts of shares outstanding.

In the UK, part of our strategy for Enterprise 1Z0-507 Services is to move more delivery services to both our Regional Delivery Centres (RDCs) in Erskine and Newcastle and to our Global Delivery Centres (GDCs). In aligning to this strategy in the UK, we have started consultation on our plan for the reduction of additional roles during Q2, with the UK trade 1Z0-511 unions and HPE employee representatives in the Enterprise Services Business Units.

We’d like to assure you that we remain 1Z0-516 committed to supporting the employability of our employees through a number of internal initiatives, including reskilling, redeployment and support to obtain 1Z0-521 alternative employment, as appropriate.

Cisco also announced a big 1Z0-804 dividend increase of 24%, boosting payments to $0.26 per share quarterly. At current prices, this represents a generous dividend yield of 3.9%. Management also announced a $15 billion 1Z0-805 increase to its share repurchase program, raising the remaining buyback authorization to $16.9 billion. The company is committed to returning 50% of free cash flow to shareholders on an annual basis.

Moving forward
Management is anticipating that normalized revenue 70-346 practice test will increase by between 1% and 4% in the coming quarter, so investors should not expect 70-492 explosive growth from Cisco in the short term. On the other hand, as long as the company continues to produce solid profits and growing cash flows, it looks well positioned to keep delivering attractive returns for shareholders.

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