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Cisco’s Shares Climb Thanks to Jump in Security Business Sales

Cisco's better-than-expected quarter in due in large part to a jump in sales from its security business.


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EBITDA for the second quarter increased by 9% or $343,234 to $4.3 million year-over year driven by lower marketing expenditures. Rodney Bosch · June 14, 2016

Due to its recent financial performance, the company implemented a cost restructuring plan that will phase in material operating cost reductions over the remaining two quarters of fiscal 2016. Rodney Bosch · May 20, 2016

Cisco's better-than-expected quarter in due in large part to a jump in sales from its security business. Stephen Sellner · May 19, 2016

Net cash provided by operating activities was $40.3 million during the third quarter of fiscal 2016, compared to $28.8 million in the same quarter of the prior year. SSI Staff · May 19, 2016

Net sales increased 7.2% to $613.9 million, from $572.7 million in the first quarter of 2015. Rodney Bosch · May 13, 2016

SaaS and license revenue increased 25% to $40 million for the first quarter, compared to $32 million for the same period a year prior. Rodney Bosch · May 11, 2016

Find out how UTC, FLIR Systems, Mercury Security and Anixter Int’l fared in their most recent quarterly financial reports. Rodney Bosch · April 27, 2016

Honeywell released its first quarter 2016 financial report on Friday, reporting a 3% increase in sales and 9% bump in earnings per share. Stephen Sellner · April 22, 2016

Kratos Defense & Security Solutions, a national security solutions provider, reports fourth-quarter revenue of $177.5 million and 13.4 million in adjusted EBITDA from continuing operations. SSI Staff · March 11, 2016

Along with positive financials, the smart home technology provider reported its attrition rate improved 30 basis points year over year. SSI Staff · March 09, 2016




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