Total Revenue

7% [N/A]

Total revenue increased to $3.8 billion by 7% YoY, reflecting overall business expansion compared to prior periods; improvements in high-growth segments, such as cloud services, helped offset declines in other areas [N/A].

Cloud Services

12% [N/A]

Cloud Services grew 12% YoY to $1.9 billion, driven by increased market adoption, improved digital transformation initiatives, and a stronger subscription-based business model relative to the previous period [N/A].

Networking

-6% [N/A]

Networking revenue declined by 6% YoY to $1.2 billion, likely as a result of competitive pressures and market headwinds, which became more pronounced compared to previous periods when performance was more favorable [N/A].

APAC Region Revenue

-8% [N/A]

APAC region revenue fell by 8% YoY to $600 million, indicating that regional economic challenges and possibly adverse foreign exchange effects have impacted growth in this market compared to prior positive trends [N/A].