Cisco Systems (NASDAQ:CSCO – Get Free Report) announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 12th, RTT News reports. The company plans to buyback ...
CFO Frank Di Liso highlighted the 36% year-over-year growth in annual recurring revenue ( ARR ), which now represents 34% of total revenue, up from 27% in the prior year. He also noted cost savings ...