Revenue

Cisco Experiences Growth with 5K New Splunk Customers, Potentially Adding $1.4 Billion in Revenue (NASDAQ:CSCO)

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The article discusses Cisco Systems Inc.’s recent earnings report and the impact on its valuation. Despite a slight decrease in stock price following the earnings release, the author reaffirms their “strong-buy” rating for Cisco. The company’s growth plan focuses on networking equipment, which is crucial for supporting the increasing bandwidth requirements of AI data centers. … Read more

Cisco Beats Expectations with Strong AI Growth Despite Largest Revenue Decline in Over a Decade

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Cisco Systems Inc reported fiscal third-quarter results, surpassing Wall Street estimates despite a significant decline in revenue. The company attributed this decline to weak sales from consumers who were installing previously purchased equipment. Cisco anticipates completing these installations by the end of the fiscal year. Despite the revenue drop, Cisco’s shares rose by 8% during … Read more

Considering Investment Opportunities in Cisco (CSCO): Analyzing International Revenue Trends

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Cisco Systems’ international operations during the quarter ending April 2024 were analyzed to understand its financial strength and growth prospects. The company’s revenue trends in international markets are crucial for assessing its overall performance and ability to navigate global economic challenges. Being present in international markets allows Cisco to diversify its revenue sources and overcome … Read more

VMware and AWS Alumnus appointed Matillion Chief Revenue Officer

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VMware and AWS Alumnus appointed Matillion Chief Revenue Officer

Cloud veteran and former AWS executive Eric Benson joins data integration provider Matillion as its new Chief Revenue Officer (CRO). Benson takes on the CRO role having spent more than 10 years at AWS in multiple senior executive roles including Enterprise Sales, Business Development, and Digital Native Strategy. Benson said: “I could not be more excited to join … Read more

VMware and AWS Alumnus Appointed Matillion Chief Revenue Officer

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VMware and AWS Alumnus Appointed Matillion Chief Revenue Officer

Data integration firm adds cloud veteran Eric Benson to drive consumption-based growth DENVER and MANCHESTER, England, April 18, 2024 /PRNewswire/ — Cloud veteran and former AWS executive Eric Benson joins data integration provider Matillion as its new Chief Revenue Officer (CRO). Benson takes on the CRO role having spent more than 10 years at AWS in … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

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Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes

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Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has lasted … Read more

Broadcom says VMware to grow revenue fast, all year

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Broadcom says VMware to grow revenue fast, all year

Broadcom has told investors its strategy of forcing VMware customers to buy only big bundles of software will see revenue increase by “double-digit percentage sequentially, quarter over quarter, through the rest of the fiscal year.” Speaking on Broadcom’s Q1 2024 earnings call, president and CEO Hock Tan said “This is simply a result of our … Read more

Eli Shacked, Former VMware VP, Appointed as TeraSky’s Chief Revenue Officer

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Eli Shacked, Former VMware VP, Appointed as TeraSky’s Chief Revenue Officer

TEL AVIV, Israel, March 4, 2024 /PRNewswire/ — In a strategic move to bolster its leadership team, TeraSky, a leading global provider of innovative digital solutions and services, announced today the appointment of Eli Shacked as its new Chief Revenue Officer (CRO). Shacked, known for his remarkable 12-year tenure at VMware, where he achieved significant … Read more