Blog | G5 Cyber Security

Cisco Quarterly Results Impress Wall St. but Not this Security Analyst

Cisco announced its financial results today, must to the delight of Wall Street. While Cisco security revenue flat-lined, other security vendors prospered. McAfee announced its biggest financial quarter ever with 8% revenue and 26% net income growth. Cisco seems to be willing to shed information security sales for greener pastures. Cisco’s firewall business is a shell of what it was a few years ago and it really doesn’t have a high-end UTM product to compete with the likes of the Juniper SRX or Crossbeam.”]

Source: https://www.csoonline.com/article/2229769/cisco-quarterly-results-impress-wall-st–but-not-this-security-analyst.html

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