Cisco Allows Customer Payment Deferrals in $2.5 Billion Financing Program [TheStreet.com]
Cisco Systems, Inc. (CSCO)
Last cisco systems, inc. earnings: 2/12 04:05 pm
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Source: TheStreet.com
Cisco Systems(CSCOGet Report"Cisco's customers and partners are under enormous pressure to keep their businesses connected while remaining productive and secure," Cisco CEO Chuck Robbins said in a statement."Whether it's technology, financing or helping those most in need, Cisco is committed to working together to fight this pandemic on every front," he said.As the coronavirus pandemic has sent many workers home, internet activity has soared, leading to more usage of Cisco’s networking equipment.And, of course, the at-home workers are deploying video conferencing and virtual private network software in a big way, which can include Cisco's Webex and AnyConnect.The financing program offers a complete break from payment by Cisco’s customers for three months. They then pay 1% of the money they owe in each of the last five months of the year.Cisco appears to be the only top technology company offering such an opportunity to its customers. The program is available around the world.Morningst
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News
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- Cisco Systems, Inc. (CSCO) Presents at UBS Global Technology and AI Conference 2025 Transcript [Seeking Alpha]Seeking Alpha
- Cisco Systems (CSCO): Evaluating Valuation Following Earnings Beats and New AI Partnerships [Yahoo! Finance]Yahoo! Finance
CSCO
Earnings
- 11/12/25 - Beat
CSCO
Sec Filings
- 11/24/25 - Form 4
- 11/24/25 - Form 4
- 11/24/25 - Form 4
- CSCO's page on the SEC website