Spring Is HereAnalysts figure that one key to any sustainable rally in tech is a return to sales growth at onetime highfliers such as Cisco. There has been precious little top-line expansion at the company since the tech boom peaked some three years ago, and the current year looks like more of the same: After a weak February and a soft March as war loomed, Cisco had its many followers
|Keeping Pace |
Nasdaq, Cisco on the rise
Going into the last quarter, Cisco was shipping goods faster than orders were coming in. This metric, known as the book-to-bill ratio, tends to offer a view into the sales pipeline. Investors will be hoping to hear that the pace of orders has picked up.
Another big number for Wall Street will be gross margins, the sum of sales minus the cost of selling. Last time around, Cisco astonished observers by widening its margins to 70% from 69%. Some investors think another improvement on margins may be in the cards. But if so, it will likely mark the end of that trend. Depending on when the