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Today Cisco reported its fiscal fourth quarter 2014 results, including revenue of $12.36 billion in revenue, and non-GAAP earnings per share of $0.55. Investors had expected $0.53 in profit per share in revenue of $12.14 billion in revenue. Despite besting expectations, Cisco’s quarter was lackluster. The company’s revenue fell 0.5% compared to the year ago period, and its net income fell 1% compared to its fiscal fourth quarter of 2014.

“Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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