Cisco backlog still looms
Thursday 18 August 2022
Add Comment
Like many of its competitors, Cisco’s quarterly and year-end financial results show the good and bad of the current economy—a record of new product orders alongside record backlogged orders.
Cisco reported that for the period ending July 30, its quarterly revenue was basically flat year-over-year at $13.1 billion, but revenue for the 2022 fiscal year was up three percent to $51.6 billion.
“Full year product orders and backlog are both at record highs,” Cisco’s CEO Chuck Robbins said in a written statement before the company’s quarterly and year-end Wall Street phone briefing.
from Network World https://ift.tt/T9FkAd2
Genrerating Link.... 15 seconds.
Your Link is Ready.
0 Response to "Cisco backlog still looms"
Post a Comment