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    Cisco cuts 5% of its workforce as telco, cable operators continue inventory digestion

    Feb. 15, 2024
    The company’s cuts come amidst a challenging economic environment that has forced tech companies to reduce staff as it pivots its focus to new areas like software and AI.
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    Lumentum sees growing revenue potential in cloud and data centers despite near-term inventory correction

    Feb. 14, 2024
    Due to data center demand, the company’s cloud and networking revenue momentum continued into the second quarter of its fiscal year 2024. Still, it went down due to slow telecom...
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    Cisco to slash jobs again as it sets sights on new growth opportunities

    Feb. 12, 2024
    The company plans to let thousands of employees go as it looks to realign its business around high-growth segments.
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    Earnings Statements

    Lumen reports revenue decline, highlights broadband fiber subscriber growth

    Feb. 7, 2024
    The company added 126,000 fiber broadband enabled locations in the fourth quarter, along with 20,000 Quantum Fiber customers.
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    Charter’s Q4 commercial business sees enterprise gains while SMB slips

    Feb. 4, 2024
    The cable MSO’s commercial segment took a slight hit from slower voice service sales to SMBs while enterprise rose on higher PSUs.