Cisco Announces Q309 Earnings
We just announced Q3 earnings. From our press release:
“Cisco delivered solid financial performance despite a challenging global economy and period of evolving market dynamics,” said John Chambers, chairman and chief executive officer, Cisco. “These results demonstrate our ability to drive operational excellence and manage profitability across varying economic cycles. We will use this period of market transition to align and optimize resources, make strategic investments, move into market adjacencies and enhance relationships with our customers. As we exit the quarter with a compelling financial position and an innovation engine from both a products and business model perspective, we believe we are well positioned for the eventual economic recovery.”
Video commentary from Frank Calderoni, EVP and CFO
Posted by John Earnhardt at 01:47PM PST
Liesch Heinns Oct 2, 2009
Once we hit on 2010 Cisco will show their true value.