3 Key Takeaways From Cisco's Investor Day
Cisco Systems (NASDAQ: CSCO) held its investor day on Sept. 15. Investors should pay close attention to this event as the tech giant discussed its long-term vision and announced new business goals. Here are three essential takeaways from the event.
Over the last decades, Cisco has been dominating its core networking market. During its fiscal year 2021, which ended on July 31, revenue reached $49.8 billion, up 1% year over year. The company generated growth from its massive footprint in networking and adjacent areas, such as cybersecurity and collaboration. In comparison, its rivals Juniper Networks and Arista Networks generated $4.6 billion and $2.6 billion of trailing-12-month revenue, respectively.
Image source: Getty Images.
Source Fool.com
