Scott Dennehy

Editor’s note: Cisco (Nasdaq: CSCO) delivered a strong quarter in the fourth quarter of 2014 by achieving balanced growth across both mature and emerging segments, says Scott Dennehy of Technology Business Research. Cisco operates one of its largest corporate campuses in Research Triangle Park, N.C. Cisco reported its latest financials on Wednesday. HAMPTON, N.H. – Year-to-year growth in the vast majority of the company’s product lines, customer segments and geographies, albeit compared to a very weak 4Q13, enabled Cisco to achieve overall revenue growth for the second straight quarter in 4Q14, an increase of 7% year-to-year. The company also benefitted from improved...

Editor’s note: A resurgence in core business fueled Cisco’s return to revenue growth in the third quarter, concludes Scott Dennehy, an analyst with Technology Business Research. Cisco released its latest earnings last week. He also believes Cisco will benefit from its decision to scale back a joint venture with EMC. HAMPTON, N.H. – Cisco (Nasdaq: CSCO) leveraged its dominant market share position and broad portfolio to capture spending driven by cloud, mobility and security. Recovery in its Switching business, improvement in NGN Routing and strong growth in Services and Security enabled Cisco to achieve overall revenue growth for the first...

Editor’s note: Driving adoption of next-generation products and aligning its resources, including layoffs, with high-growth segments will fuel Cisco’s long-term revenue growth, writes Technology Business Research Senior Analyst Scott Dennehy. Cisco operates its second largest corporate campus in Research Triangle Park, N.C. HAMPTON, N.H. – Cisco’s (Nasdaq: CSCO) revenue is improving due to customer adoption of next-generation technologies. Driven by improved revenue in Switching and NGN Routing and strong growth in Data Center and Security, Cisco’s total revenue was roughly flat year-to-year in 2Q14, declining just 0.5%. However, customer demand from service providers and in emerging markets remains sluggish, with...

Editor’s note: Scott Dennehy, Engagement Manager and Senior Analyst at Technology Business Research, offers his analysis of Cisco’s latest earnings report. HAMPTON, N.H. - Weak customer demand for switching and routing products in emerging markets remains a drag on Cisco’s revenue. Cisco’s total revenue declined year-to-year for the second straight quarter in 2Q14, a 5.5% decrease driven by declines in the company’s three largest product segments: Switching (down 6%), NGN Routing (down 11.9%) and Service Provider Video (down 26%). However, TBR believes Cisco’s 2Q14 financial performance indicates the worst of the company’s revenue declines may be behind it. The 5.5%...

Cisco faces challenges in a number of areas as was shown in its recent earnings report. But the networking giant will leverage its growing capabilities in segments such as data center offerings to counteract those challenges, says Scott Dennehy of Technology Business Research. He is a senior analyst. HAMPTON, N.H. – Cisco (Nasdaq: CSCO) is wrestling with challenges in emerging markets, the U.S. public sector and the service provider segment. As expected, conservative customer spending in emerging markets and the U.S. federal government, along with several major product transitions, resulted in Cisco’s first year-to-year revenue decline since 3Q09, a decrease...

Editor’s note: Scott Dennehy is Engagement Manager/Senior Analyst at Technology Business Research. He offers analysis on IBM’s most recent earnings report. HAMPTON, N.H. – IBM (NYSE: IBM) continues to trade revenue growth for profitability in the Communications vertical. A combination of reduced customer spending and the company’s emphasis on profitability continues to negatively impact IBM’s revenue in the Communications vertical, which was down an estimated 14.4% year-to-year in 3Q13. This included an 11.6% drop in communication services revenue as the company remains focused on high-margin consulting opportunities, primarily on applications and with minimal exposure to telecom infrastructure where many services...

Editor’s note: Scott Dennehy is an Engagement Manager/Senior Analyst at Technology Business Research in Hampton, N.H. Dennehy sees benefits in Cisco’s (Nasdaq: CSCO) announced layoffs of some 4,000 people. The cuts were announced last week in Cisco’s latest earnings update.  Strong performances from major geographies and product segments paved the way for Cisco’s revenue growth in 2Q13. Cisco’s consistent execution on its strategic objectives enabled the company to again deliver highly profitable growth in 2Q13, with top-line revenue increasing 6.2% and operating margin growing 240 basis points year-to-year to 22.7%. The company’s revenue growth was driven primarily by the...

Editor’s note: On Wednesday, Cisco continued its recent acquisition binge, buying energy management company JouleX in a deal valued at $107 million cash. Cisco, the biggest provider of networking equipment, said that Atlanta-based JouleX is a complementary to Cisco’s offerings. JouleX manages energy use for enterprise customers and data centers. The deal follows closely on the heels of Cisco’s recent earnings report for the first quarter, which Scott Dennehy of Technology Business Research demonstrated the firm’s staying power. Cisco operates its second largest corporate campus in Research Triangle Park, N.C. HAMPTON, N.H. - Cisco (Nasdaq: CSCO) continues to outperform its competitors,...