First-quarter sales rose 30% versus the prior-year period to $242 million, ahead of our forecast. Maintenance and services revenue (which include cloud contracts) were the primary growth driver, ...

Cisco’s corporate restructuring got off to a solid start with the vendor’s increased focus on artificial intelligence (AI), security, and cloud paving a smooth transition into the networking giant’s ...

(1) Represents the income tax adjustment using our estimated non-GAAP tax rate of 20%.

It has been almost a year and a half since Cisco Systems Inc. acquired Splunk Inc. At the time, investors were happy because it was a good financial move. Cisco spent $28 billion and would get back ...

Splunk's stock price has jumped around 40% this year after reporting strong Q2 results and raising its guidance for the year. The company continues to grow cloud ARR at a >20% y/y pace, while ...

Cisco and Splunk continue to integrate their product portfolios and their channel operations following Cisco’s $28 billion acquisition of Splunk last year. Based on interviews with Splunk executives ...