Tag: cisco systems

Multinational technology conglomerate Cisco saw its shares dropping on Wednesday after the company reported disappointing quarterly guidance and a revenue drop. The computer networking equipment maker reported fourth quarter financial results revealing earnings per share of 80 cents adjusted. Analysts according to Refinitiv had been expecting 74 cents. Revenue at $12.15 billion was also ahead … Continue reading “Cisco Shares Fall as Company Reports Dismal Quarterly Guidance”