Source-grounded facts extracted from CISCO SYSTEMS, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
CISCO SYSTEMS, INC. reported Q1 FY2023 ended October 29, 2022 results: revenue $13.6 billion, net income $2.7 billion, EPS $0.65.
“Cisco reported first quarter revenue of $13.6 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.7 billion or $0.65 per share, and non-GAAP net income of $3.5 billion or $0.86 per share.”
CISCO SYSTEMS, INC. announced a restructuring with charges of approximately $600 million.
“On November 16, 2022, Cisco announced a restructuring plan in order to rebalance the organization and enable further investment in key priority areas. This rebalancing will include talent movement options and restructuring. Additionally, Cisco will optimize its real estate portfolio, aligned to the broader hybrid work strategy. Cisco will take action under this plan beginning in the second quarter of fiscal 2023. Cisco currently estimates that it will recognize pre-tax charges to its GAAP financial results of approximately $600 million consisting of severance and other one-time termination benefits, real estate-related charges, and other costs.”
M. Victoria Wong was appointed as Chief Accounting Officer at CISCO SYSTEMS, INC..
“Cisco expects to appoint M. Victoria Wong to succeed Mr. Bhatt.”
Prat Bhatt departed as Senior Vice President and Chief Accounting Officer at CISCO SYSTEMS, INC..
“On November 15, 2022, Prat Bhatt notified Cisco Systems, Inc. (“Cisco”) of his decision to retire as Senior Vice President and Chief Accounting Officer of Cisco, effective July 29, 2023.”
Sarah Rae Murphy was appointed as Director at CISCO SYSTEMS, INC..
“On August 24, 2022, the Board of Directors (the “Board”) of Cisco Systems, Inc. (“Cisco”) appointed Sarah Rae Murphy, former Chief Procurement Officer and Senior Vice President of Global Sourcing of United Airlines Holdings, Inc., as a member of the Board effective August 24, 2022.”
Irving Tan resigned as Executive Vice President and Chief of Operations at CISCO SYSTEMS, INC..
“On February 10, 2022, Irving Tan, former Executive Vice President and Chief of Operations of Cisco Systems, Inc. (“Cisco”), notified Cisco of his decision to resign from Cisco effective February 28, 2022.”
Jeff Sharritts was appointed as Executive Vice President and Chief Customer and Partner Officer at CISCO SYSTEMS, INC..
“Jeff Sharritts, currently Senior Vice President of the Americas organization, will succeed Ms. Elliott upon her retirement from her current role.”
Gerri Elliott departed as Executive Vice President and Chief Customer and Partner Officer at CISCO SYSTEMS, INC..
“Gerri Elliott, Executive Vice President and Chief Customer and Partner Officer of Cisco Systems, Inc. (“Cisco”), notified Cisco of her intention to retire from Cisco.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.