Cisco Shares May Fall On Weak 3Q Growth Estimate
Cisco Systems reports net income of $2.1 billion, or 33¢ a share. On a non-GAAP basis, Cisco earns 38¢ a share. Revenue grows nearly 17% to $9.8 billion. Results are in line with Wall Street expectations, but CEO says it expects weaker revenue growth going forward.
This will put downward pressure on the Market this morning....
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment