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Cisco closed fiscal 2017 down, however, the company will pare losses in 2018 as clients accelerate reinvestments in core product portfolio areas

Results from 2Q17 underscore the challenges Cisco Systems’ (NasdaqGS: CSCO) faces as it seeks to evolve its legacy routing and switching businesses toward an intent-based networking model. While the portfolio evolution is ongoing, investments in innovative networking solutions are resonating with clients. Ov … Read more »

Elitsa Bakalova

Unisys’ (NYSE: UIS) financial performance remained lumpy and unsatisfactory as the company reported its 11th consecutive services revenue decline, at 6.4% year-to-year in 2Q17. The company experienced ongoing challenges across all services segments, with notable revenue declines in application services as well as cloud and infrastructure services, which collectively accounted for 91% of services revenues in 2Q17. While Unisys is realigning its go-to-market approach and o … Read more »