Restructuring paying off for Cisco Systems, if strong 1st quarter is any clue
November 2011 Cisco reported a better than expected fiscal first quarter, which CEO John Chambers attributed to the company’s restructuring paying dividends in a “limited capital spending” environment. The networking giant reported first quarter earnings of $1.8 billion, or 33 cents a share, on revenue of $11.3 billion, up 4.7 percent from a year ago. […]

