tiprankstipranks
Cisco reports Q1 Remaining Performance Obligations $40B, up 15%
The Fly

Cisco reports Q1 Remaining Performance Obligations $40B, up 15%

RPO $40B, up 15% in total, with 51% of this amount to be recognized as revenue over the next 12 months. Product RPO were up 24% and services RPO were up 7%. Deferred revenue was $27.5B, up 7% in total, with deferred product revenue up 11%. Deferred services revenue was up 4%.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App