U.S. Markets close in 1 hr 34 mins

What Drove Cisco’s Infrastructure Revenue in the Third Quarter?

Adam Rogers
What Drove Cisco’s Infrastructure Revenue in the Third Quarter?

Cisco Systems (CSCO) managed to increase its Infrastructure Business segment by 2% YoY (year-over-year) in the third quarter to $7.2 billion. Cisco is losing market share to China’s (FXI) Huawei and is targeting growth in emerging markets (EEM) including India (INDA). Cisco aims to simplify and manage networks for enterprises and offers end-to-end intent-based networking portfolio solutions delivering security and automation.