Cisco Systems solid start in 2021, reports less than anticipated drop in quarterly revenue. | AUS |

  • November 13, 2020 03:51 PM AEDT
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Cisco Systems Inc (NASDAQ: CSCO) reported its results for the quarter ended 24 October 2020. For the first quarter of FY21Cisco reported revenue of almost $11.9 billion. Cash Flow from operating activities reported at $4.1 billion for the period.

Virgin Galactic Head To Now Taking Responsibility at Australian Space Agency The Chief operating officer of NYSE listed Virgin Galactic Holdings Inc Enrico Palermo has been given the responsibility of the Australian Space Agency as he shall now be heading the organization. Prime Minister Scott Morrison declared the appointment on Friday morning. Palermo shall take over the charges from Dr. Megan Clark in January 2021. Clark has been in charge of the agency since 2018 when the agency was established. Clark will now be the chair of the Australian Space Agency Advisory Board.

* Lake Resources Provides Update On Ongoing Activities At Kachi Lake Resources NL (ASX: LKE, OTC: LLKKF) has reported that activities related to project development is being ramped up and comprises shallow drill testing at its 100% owned Kachi Lithium Brine Project. Moreover, LKE is progressing well with a geotechnical study of the site, where the Direct Lithium Extraction Pilot Plant / Demonstration Plant will be located.


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