Growth Wanes at Instacart, GopuffRead more

Briefing
enterprise

Cisco Posts Weak Quarter

By
Kevin McLaughlin
· · Source: The Information

Cisco Systems is making progress in its shift to selling subscription-based software, but its fiscal second quarter results on Wednesday showed that its applications and networking hardware units are both going through a rough patch. Cisco’s Applications unit, home to products such as WebEx videoconferencing software, dropped 8% to $1.35 billion in its fiscal second quarter ended Jan. 25....

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