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General

Cisco raises dividend as profits improve despite 4% fall in revenue

Thursday 13 February 2020 | 08:32 CET | News
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Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.

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Categories: General
Companies: Cisco
Countries: World
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