| To: Eric who wrote (77353) | 2/20/2019 11:04:39 AM | | From: JakeStraw | | | | Now it's "connected devices".We are rapidly beginning a new era in RF communications. I like SWKS in this space.... |
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| From: Eric | 3/18/2019 4:58:35 PM | | | | | | Cisco (AppDynamics) Positioned as a Leader in Gartner's Magic Quadrant for the Seventh Year in a Row
11:05 AM ET 3/18/19 | BusinessWire
| RELATED QUOTES | | |  | | 4:15 PM ET 3/18/19 | | Symbol | Last | % Chg |
CSCO
| 53.51 | 0.58% | | Real time quote. | | |
SAN FRANCISCO--(BUSINESS WIRE)--March 18, 2019--
AppDynamics, a Cisco company and the leader in application intelligence, today announced it has been named a Leader in Gartner's 2019 Magic Quadrant for Application Performance Monitoring *. This is the seventh time in a row it has been recognized in this report.
Thousands of customers, including hundreds of the Global 2000, trust AppDynamics' unified application and business monitoring platform for their critical application and business transactions. Together with Cisco, AppDynamics is at the forefront of businesses' digital transformation journeys, providing visibility and insight into complex environments and automating IT tasks to free up resources to drive new innovation.
A complimentary copy of the full report can be found here.
"Every employee at AppDynamics is dedicated to making sure our customers thrive in a digital-first world by giving them deep visibility into the broadest array of technologies -- from bleeding edge cloud platform capabilities to legacy mainframe systems. AppDynamics helps manage multi-cloud environments efficiently and gives you unique insight into how technology decisions impact your key business outcomes," said David Wadhwani, CEO, AppDynamics. "As the largest and fastest growing company in the APM market, we're helping thousands of customers automate previously costly and repetitive tasks and providing the tools needed to start their journey to a true AIOps mindset."
To address the rising complexity in IT environments and the rapid changes in the technologies modern businesses are using, AppDynamics has delivered innovations built to empower Agents of Transformation, the IT leaders driving the technological and cultural change needed to drive digital-first organizations.
-- Significant increase in end-to-end monitoring coverage and scalability --
AppDynamics has the broadest application visibility in the industry --
capable of monitoring everything from the latest application frameworks
running in highly dynamic microservice environments to legacy services
running in mainframes. The company furthered its leadership in this area
with the announcements of a Serverless Agent for AWS Lambda, AppDynamics
for Kubernetes and AppDynamics for SAP, as well as support for OpenShift,
the Pivotal Cloud Foundry, .NET Core, SPA and more. This level of
visibility allows IT leaders to have unparalleled end-to-end, full-stack
visibility into modern, cloud-native and traditional technologies in
order to improve customer experience and accelerate business growth. Over
the course of 2018 AppDynamics took APM scalability to the next level by
enhancing its platform to support hundreds of thousands of agents in a
single monitoring environment.
-- Improvement in insights and automation through AIOps -- AppDynamics AIOps
vision, the Central Nervous System for IT, was unveiled to help IT teams
move confidently and quickly by giving them full visibility of complex
multi-cloud environments, deep insights and an integrated automation
framework. In support of this vision, AppDynamics announced Cognition
Engine, which uses machine learning to automate root-cause analysis and
anomaly detection, cutting remediation times down to seconds. The need
for automation and a full, end-to-end understanding of every application
will only become more critical as enterprises continue to their shift
toward more dynamic multi-cloud environments.
-- Faster identification and resolution of business performance issues --
AppDynamics Business iQ is quickly becoming a must-have for any digital
business with its ability to monitor business metrics in real time and
pinpoint how change in application and user experience impacts business
outcomes. AppDynamics Business iQ automatically baselines business
metrics, detects business anomalies against SLAs and provides real-time
diagnostic tools to help pinpoint application characteristics that affect
customer experience and overall business outcomes. AppDynamics sped up
time to value with the introduction of Business Journeys, out-of-the-box
dashboards and zero configuration metrics. IT leaders and CIOs can now
continuously monitor their key business metrics, like revenue, conversion
rates, number of accounts being opened, or any other metric that
correlates to their business' success.
New Integrations and Increased Investment from Cisco
AppDynamics has been thriving inside of Cisco with expanded investment, including increased R&D spend by more than 80 percent. Recently, AppDynamics and Cisco delivered the first ever integration between an Application Performance Monitoring platform and a Software Defined Network platform with AppDynamics for Cisco Application Centric Infrastructure. This creates a bridge between DevOps teams and infrastructure teams to help ensure fewer problems and faster resolution.
"The atomic unit of digital transformation is increasingly the application, which is why AppDynamics is integral to Cisco," said Anuj Kapur, chief strategy officer, Cisco. "Over the years, we've witnessed a broad cross-section of companies put the application front and center on their journey toward hybrid-IT and multi-cloud. Important to our strategy, AppDynamics provides strong coordination of the application and infrastructure layers, and enables IT teams to manage the growing levels of complexity and minimize risk as they transform their environments."
Additional Information
-- Download your complimentary copy of the full Gartner Magic Quadrant
report
-- Learn more about the Cisco and AppDynamics vision for the Central Nervous
System
-- Read more about AppDynamics' Gartner Magic Quadrant placement on the
AppDynamics blog
Connect with AppDynamics
-- Follow @AppDynamics on Twitter
-- Like AppDynamics on Facebook
-- Connect with AppDynamics on LinkedIn
*Gartner Magic Quadrant for Application Performance Monitoring, Charley Rich, Federico De Silva, Sanjit Ganguli, 14 March 2019.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
Cisco and the Cisco logo are trademarks or registered trademarks of Ciscoand/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
About AppDynamics
AppDynamics is the Application Intelligence company. With AppDynamics, enterprises have real-time insights into application performance, user performance and business performance so they can move faster in an increasingly sophisticated, software-driven world. AppDynamics' integrated suite of applications is built on its innovative, enterprise-grade App iQ Platform that enables its customers to make faster decisions that enhance customer engagement and improve operational and business performance. AppDynamics is uniquely positioned to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale.
View source version on businesswire.com: businesswire.com
CONTACT: AppDynamics
Justin Dorff
justin.dorff@appdynamics.com
SOURCE: AppDynamics |
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| From: JakeStraw | 4/18/2019 9:03:04 AM | | | | | | Cisco's Stock May Reach Prices Not Seen In 20 Years
Cisco is seeing bullish options bets.
The technical chart suggests the stock rises to $62.
Cisco could benefit from the race to build out 5G.
seekingalpha.com |
| | Cisco Systems, Inc. (CSCO) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: JakeStraw | 4/30/2019 12:27:03 PM | | | | | | How Wi-Fi 6 will transform connectivity in your home, at the office, and beyond
digitaltrends.com
In fact, companies like Cisco aim to make connecting to Wi-Fi hotspots simple, more secure, and increasingly seamless. |
| | Cisco Systems, Inc. (CSCO) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: Julius Wong | 5/13/2019 8:46:42 PM | | | | | | Researchers report key weaknesses in ubiquitous Cisco router
Researchers are disclosing a vulnerability that could let attackers take over Cisco Systems' (CSCO -3.5%) 1001-X router, a move that Wired says has massive global implications.
That router is for institutional use (such as stock exchanges) rather than home use.
Researchers at Red Balloon exploited two vulnerabilities: one in Cisco's IOS (not Apple's iOS) allowing remote root access -- and more important, a way to bypass the Trust Anchor in hardware, the router's most fundamental security protection.
Problems with operating systems like IOS can be patched with software -- and Cisco is announcing a patch today -- while the Trust Anchor is thornier, and Cisco disputes that the secure boot vulnerability directly impacts the Trust Anchor. |
| | Cisco Systems, Inc. (CSCO) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
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| From: Eric | 5/15/2019 4:10:36 PM | | | | | | Cisco Reports Third Quarter Earnings
4:05 PM ET 5/15/19 | PR Newswire
| Related Quotes | | |  | | 4:00 PM ET 5/15/19 | | Symbol | Last | % Chg |
CSCO
| 52.44 | 0.81% | | Real time quote. | | |
Cisco Reports Third Quarter Earnings
-- Q3 Results:
-- Revenue: $13.0 billion
-- Growth of 6% year over year (normalized to exclude the divested SPVSS
business for Q3 FY 2018)
-- Earnings per Share: GAAP: $0.69; Non-GAAP: $0.78
-- Non-GAAP EPS increased 18% year over year
-- Q4 Guidance (normalized to exclude the divested SPVSS business for Q4 FY
2018):
-- Revenue: 4.5% to 6.5% growth year over year
-- Earnings per Share: GAAP: $0.66 to $0.71; Non-GAAP: $0.80 to $0.82
SAN JOSE, Calif., May 15, 2019 /PRNewswire/ -- Cisco today reported third quarter results for the period ended April 27, 2019. Cisco reported third quarter revenue of $13.0 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.0 billion or $0.69 per share, and non-GAAP net income of $3.5 billion or $0.78 per share.
As previously disclosed, Cisco completed the divestiture of the Service Provider Video Software Solutions (SPVSS) business in the second quarter of fiscal 2019 on October 28, 2018. Revenue, non-GAAP financial information, and Q4 FY 2019 guidance have been normalized to exclude the SPVSS business from prior periods for comparative purposes.
"Our strong performance in the quarter was across the business, reflecting our customers' confidence in our strategy, business model and market-leading portfolio," said Chuck Robbins, chairman and CEO of Cisco. "Technology is at the heart of our customers' strategies and we are building the technology to help them achieve their business objectives."
GAAP Results
Vs. Q3 FY
Q3 FY 2019 Q3 FY 2018 2018
Revenue (including
SPVSS business
for all periods) $ 13.0 billion $ 12.5 billion 4%
Revenue (excluding
SPVSS business
for all periods) $ 13.0 billion $ 12.2 billion 6%
Net Income $ 3.0 billion $ 2.7 billion 13%
Diluted Earnings
per Share (EPS) $ 0.69 $ 0.56 23%
Non-GAAP Results
Q3 FY 2019 Q3 FY 2018 Vs. Q3 FY 2018
Net Income
(excluding SPVSS
business for all
periods) $ 3.5 billion $ 3.2 billion 8%
EPS (excluding
SPVSS business
for all periods) $ 0.78 $ 0.66 18%
Reconciliations between net income, EPS, and other measures on a GAAP and non-GAAP basis are provided in the tables located in the section entitled "Reconciliations of GAAP to non-GAAP Measures."
"We executed well in Q3, delivering revenue growth of 6%, non-GAAP EPS growth of 18%, as well as strong margins and cash flow," said Kelly Kramer, CFO of Cisco. "We continue to invest in our innovation pipeline to drive long-term profitable growth, while successfully evolving our business model through software offerings and subscriptions and delivering value for shareholders."
Financial Summary
All comparative percentages are on a year-over-year basis unless otherwise noted.
All revenue, non-GAAP, and geographic financial information in the "Q3 FY 2019 Highlights" section are presented excluding the SPVSS business for all periods as it was divested during the second quarter, on October 28, 2018.
Q3 FY 2019 Highlights
Revenue -- Total revenue was $13.0 billion, up 6%, with product revenue up 7% and service revenue up 3%. Revenue by geographic segment was: Americas up 9%, EMEA up 5%, and APJC down 4%. Product revenue performance was broad based with growth in Security, up 21%, Applications, up 9%, and Infrastructure Platforms, up 5%.
Gross Margin -- On a GAAP basis, total gross margin, product gross margin, and service gross margin were 63.1%, 62.0%, and 66.3%, respectively, as compared with 62.3%, 61.0%, and 65.8%, respectively, in the third quarter of fiscal 2018.
On a non-GAAP basis, total gross margin, product gross margin, and service gross margin were 64.6%, 63.7%, and 67.3%, respectively, as compared with 64.5%, 63.7%, and 67.1%, respectively, in the third quarter of fiscal 2018.
Total gross margins by geographic segment were: 65.6% for the Americas, 64.5% for EMEA and 60.7% for APJC.
Operating Expenses -- On a GAAP basis, operating expenses were $4.7 billion, up 1%. Non-GAAP operating expenses were $4.2 billion, up 6%, and were 32.4% of revenue.
Operating Income -- GAAP operating income was $3.5 billion, up 12%, with GAAP operating margin of 27.1%. Non-GAAP operating income was $4.2 billion, up 6%, with non-GAAP operating margin at 32.2%.
Provision for Income Taxes -- The GAAP tax provision rate was 15.8%. The non-GAAP tax provision rate was 19.0%.
Net Income and EPS -- On a GAAP basis, net income was $3.0 billion and EPS was $0.69. On a non-GAAP basis, net income was $3.5 billion, an increase of 8%, and EPS was $0.78, an increase of 18%.
Cash Flow from Operating Activities -- $4.3 billion for the third quarter of fiscal 2019, an increase of 79% compared with $2.4 billion for the third quarter of fiscal 2018. Operating cash flow for the third quarter of fiscal 2018 included the payment of $1.3 billion of one-time foreign taxes as related to the Tax Cuts and Jobs Act. Operating cash flow increased 16%, normalized for these tax payments.
Balance Sheet and Other Financial Highlights
Cash and Cash Equivalents and Investments -- $34.6 billion at the end of the third quarter of fiscal 2019, compared with $40.4 billion at the end of the second quarter of fiscal 2019, and compared with $46.5 billion at the end of fiscal 2018.
Deferred Revenue -- $17.5 billion, down 8% in total, with deferred product revenue down 23%. Deferred service revenue was up 3%.
Capital Allocation -- In the third quarter of fiscal 2019, we returned $7.5 billion to shareholders through share buybacks and dividends. We declared and paid a cash dividend of $0.35 per common share, or $1.5 billion, and repurchased approximately 116 million shares of common stock under our stock repurchase program at an average price of $52.14 per share for an aggregate purchase price of $6.0 billion. The remaining authorized amount for stock repurchases under the program is $18.0 billion with no termination date.
Acquisitions
In the third quarter of fiscal 2019, we closed the acquisitions of Luxtera, Inc., a privately held semiconductor company, and Singularity Networks, a privately held network infrastructure analytics company.
Guidance for Q4 FY 2019
Cisco expects to achieve the following results for the fourth quarter of fiscal 2019 (normalized to exclude the divested SPVSS business):
Q4 FY 2019
Revenue 4.5% - 6.5% growth Y/Y
Non-GAAP gross margin rate 64% - 65%
Non-GAAP operating margin rate 31% - 32%
Non-GAAP tax provision rate 19%
Non-GAAP EPS $0.80 - $0.82
Revenue for the divested SPVSS business for the fourth quarter of fiscal 2018 was $206 million.
Cisco estimates that GAAP EPS will be $0.66 to $0.71 in the fourth quarter of fiscal 2019.
A reconciliation between the Guidance for Q4 FY 2019 on a GAAP and non-GAAP basis is provided in the table entitled "GAAP to non-GAAP Guidance for Q4 FY 2019" located in the section entitled "Reconciliations of GAAP to non-GAAP Measures."
Editor's Notes:
-- Q3 fiscal year 2019 conference call to discuss Cisco's results along with
its guidance will be held on Wednesday, May 15, 2019 at 1:30 p.m. Pacific
Time. Conference call number is 1-888-848-6507 (United States) or
1-212-519-0847 (international).
-- Conference call replay will be available from 4:00 p.m. Pacific Time, May
15, 2019 to 4:00 p.m. Pacific Time, May 22, 2019 at 1-888-446-2545
(United States) or 1-402-998-1344 (international). The replay will also
be available via webcast on the Cisco Investor Relations website at
investor.cisco.com.
-- Additional information regarding Cisco's financials, as well as a webcast
of the conference call with visuals designed to guide participants
through the call, will be available at 1:30 p.m. Pacific Time, May 15,
2019. Text of the conference call's prepared remarks will be available
within 24 hours of completion of the call. The webcast will include both
the prepared remarks and the question-and-answer session. This
information, along with the GAAP to non-GAAP reconciliation information,
will be available on the Cisco Investor Relations website at
investor.cisco.com.
-- Cisco is hosting Cisco Live, its premier annual customer and partner
conference June 9-13 in San Diego, Calif. Register now for keynotes,
hands-on learnings experiences, expert demos and networking.
CISCO SYSTEMS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except per-share amounts)
(Unaudited)
Three Months Ended Nine Months Ended
April 27, April 28, April 27, April 28,
2019 2018 2019 2018
REVENUE:
Product $ 9,722 $ 9,304 $ 28,885 $ 27,067
Service 3,236 3,159 9,591 9,419
Total revenue 12,958 12,463 38,476 36,486
COST OF SALES:
Product 3,693 3,625 11,106 10,594
Service 1,092 1,079 3,278 3,208
Total cost of
sales 4,785 4,704 14,384 13,802
GROSS MARGIN 8,173 7,759 24,092 22,684
OPERATING
EXPENSES:
Research and
development 1,659 1,590 4,824 4,706
Sales and
marketing 2,403 2,325 7,084 6,894
General and
administrative 541 561 1,261 1,601
Amortization of
purchased
intangible
assets 39 67 112 188
Restructuring
and other
charges 18 82 282 332
Total operating
expenses 4,660 4,625 13,563 13,721
OPERATING
INCOME 3,513 3,134 10,529 8,963
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