Analyst Commentary

While corporate revenue continues to decline, Cisco Services’ revenue recovers through software-driven services

Growth from security and software solutions benefits Cisco Services’ revenue and helps drive profitability

Despite Cisco’s (NasdaqGS: CSCO) corporate revenue declining 4% year-to-year to $12.1 billion in 2Q17, Cisco Services’ revenue grew 1% year-to-year to $3.1 billion following an increase in software-driven solutions and attached services engagements. Cisco Services contributes 25.6% of total Cisco revenue, an improvement of 120 basis points from 24.4% in 2Q16, driven by the company’s transition to focus on soft...

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