Earnings Statements

FridayFive_2_16_24
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Searching for the next investment cycle

Feb. 16, 2024
It was a week of opportunities and challenges. Astound Business introduced 400G wavelength services while AT&T led retail Ethernet service growth. But the big news came from Cisco...
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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.
Courtesy of Lumen Technologies
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.