Cisco offers big payment deferrals until 2021 as companies seek remote-work tools [Yahoo! Finance News]
Cisco Systems, Inc. (CSCO)
Last cisco systems, inc. earnings: 2/12 04:05 pm
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Source: Yahoo! Finance News
The logo of US networks giant Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near ParisBy Paresh DaveOAKLAND, California Reuters) - Cisco Systems Inc on Tuesday launched a $2.5 billion financing program that lets its customers defer 95% of payments until 2021, giving companies additional leeway at time when some are facing a cash crunch but also need more remote-work tools.As the coronavirus forces many businesses to operate entirely online, many of them have adopted or boosted usage of video conferencing and virtual private network software, including Cisco's Webex and AnyConnect. The surge in internet activity has also increased usage of networking equipment that Cisco also sells.The financing offer, which requires no payment for three months and then 1% of money owed in each of last five months of 2020, could help Cisco stand out among competitors in software and hardware and keep revenue flowing in a challenging economic climate.Customers "are trying to recon
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CSCO
News
- OECD-Cisco research finds stark geographical and generational divides in AI uptake and digital well-beingPR Newswire
- OECD-Cisco research finds stark geographical and generational divides in AI uptake and digital well-beingPR Newswire
- OECD-Cisco research finds stark geographical and generational divides in AI uptake and digital well-beingPR Newswire
- 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