Previous Close | 48.93 |
Open | 49.21 |
Bid | 50.26 x 2200 |
Ask | 50.23 x 1000 |
Day's Range | 48.98 - 49.66 |
52 Week Range | 45.56 - 58.19 |
Volume | |
Avg. Volume | 19,361,983 |
Market Cap | 199.504B |
Beta (5Y Monthly) | 0.85 |
PE Ratio (TTM) | 14.98 |
EPS (TTM) | 3.29 |
Earnings Date | May 15, 2024 |
Forward Dividend & Yield | 1.60 (3.25%) |
Ex-Dividend Date | Apr 03, 2024 |
1y Target Est | 48.85 |
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Cisco Systems closed its $28 billion all-cash acquisition of cybersecurity and analytics company Splunk on Monday.
Cisco Systems completed its $28 billion all-cash acquisition of Splunk the provider of observability software, well ahead of schedule. Splunk’s results weren’t included in Cisco’s previous financial forecasts. Cisco said Monday the acquisition will be cash-flow positive (excluding certain acquisition-related costs and other expenses) and will boost non-GAAP gross margin in Cisco’s fiscal year ending July 2025.
(Bloomberg) -- At a time when many large mergers are being blocked or delayed by regulators, Cisco Systems Inc. took just six months to close its $28 billion acquisition of Splunk.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Best InterestsEvergrande’s Alleged $78 Billion Fraud I