Cisco Systems to Present at Deutsche Bank Technology Conference
September 2, 2022
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Cisco Systems($NASDAQ:CSCO) is scheduled to present at the Deutsche Bank Technology Conference on August 31, 2022. Some key points from the presentation include Greg Dorai, vice president of product management, discussing the company’s plans for the future. Additionally, Cisco Systems will be discussing their earnings and how they expect to perform in the future. Some analysts are concerned that this could negatively affect Cisco Systems’ stock price and earnings in the long term.
Price History
Cisco Systems, Inc stock opened at $45.80 on Wednesday and closed at $44.70.
VI Analysis
Cisco Systems, Inc is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. The company develops, manufactures, and sells networking hardware, telecommunications equipment, and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, WebEx, and Jasper, Cisco specializes into specific tech markets, such as Internet of Things , domain security, and energy management. Cisco’s VI app analyzes a company’s fundamentals and reflects its long term potential. The VI Star Chart shows that Cisco is strong in dividend, profitability, and medium in asset, but weak in growth. Cisco has a high health score of 7 out of 10 with regard to its cashflows and debt, indicating that it is capable of safely riding out any crisis without the risk of bankruptcy. Cisco is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Dividend paying companies are deemed less risky as they pursue growth at a sustainable rate.
Summary
A live audio webcast of the event will be available at ir.cisco.com. Cisco is the worldwide leader in networking that transforms how people connect, communicate, and collaborate. Our technology and services portfolio includes routing, switching, security, analytics, and applications to help customers build their next-generation infrastructure. We make the Internet of Everything connect people, process, data, and things.
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