May 23, 2017

Cisco Reports Net Income of $2.5 Billion in Q3 for Fiscal Year 2017

Last week Cisco (NASDAQ: CSCO) reported its third quarter fiscal year 2017 financials for the period ended April 29, 2017. The company had $11.9 billion in revenue, a 1 percent decrease year over year. Recurring revenue represented 31 percent of the total, a 2 percent increase year over year. The company also reported GAAP net income of $2.5 billion, or GAAP diluted earnings per share of $0.50. Other highlights for the third quarter of fiscal year 2017 include…

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Periodical Prospects: It Pays to Woo and Win Millennial Subscribers

Millennial consumers may be a media brands most valuable customer. For print magazines evolving to digital, this demographic is most likely to use the digital side of your brand, saving you paper, ink, and stamps. And every brand will value the loyalty these consumers have to the brands they favor. Polling shows that Millennials are more likely to continue to subscribe to the brands they like, and less likely to cancel, even when money is tight. Their preference for auto-deduct payments is another demonstration of loyalty and makes their subscription behavior less subject to extinction-level annual reassessments.

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