financial results

Cisco gross margins down, reflect discounting and switching issues

Cisco’s numbers were a big disappointment to investors, and they focused on two issues that are key for Cisco (and the market) at this point:

1. Cisco’s gross margins were off, and that’s likely due to discounting forced on Cisco by the competition.
2. Cisco suffered in the...

Ciena’s Q4 report points to core incumbency challenges

Ciena reported its fourth-quarter numbers on Thursday morning, which showed sales down about 18% from last year but somewhat better than expected in the current quarter. Guidance was cautious, and investors took the stock...

Cisco’s earnings show customers’ releasing 2009 project budgets

Cisco saw both revenues and profits fall, but both also beat analyst expectations. Chambers was upbeat about the next two quarters, pumping estimates ahead of current guidance. Order growth in the U.S. was flat,...

NSN’s very bad quarter: Good technology, bad messaging

Nokia Siemens Networks' (NSN) quarterly results were just plain bad, with the company admitting a much larger market share loss than they’d forecast—so much so it swamped a market...