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Cisco cuts annual forecasts on slowdown in new orders
(Reuters) -Cisco Systems cut its full-year revenue and profit forecasts on Wednesday in a sign that demand for its networking equipment was slowing, sending the company’s shares down more than 10% after market. The company has in recent years grappled with supply chain issues and a post-pandemic slowdown in demand, which has hastened its push […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com — Cisco slashed its annual guidance Wednesday despite reporting better-than-expected fiscal first-quarter results amid signs of slowing demand for new orders of network hardware. Shares in the digital communications technology group (NASDAQ:CSCO) fell sharply in premarket U.S. trading. Although order growth is seen returning in the second half of the year, the California-based firm reduced its full-year […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com — Cisco slashed its annual guidance Wednesday despite reporting better-than-expected fiscal first-quarter results amid signs of slowing demand for new orders of network hardware. Shares in the digital communications technology group (NASDAQ:CSCO) fell sharply in premarket U.S. trading. Although order growth is seen returning in the second half of the year, the California-based firm reduced its full-year […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com — Cisco slashed its annual guidance Wednesday despite reporting better-than-expected fiscal first-quarter results amid signs of slowing demand for new orders of network hardware. Shares in the digital communications technology group (NASDAQ:CSCO) fell sharply in premarket U.S. trading. Although order growth is seen returning in the second half of the year, the California-based firm reduced its full-year […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com – Cisco cut its annual guidance Wednesday, though reported better-than-expected fiscal first-quarter results despite slowing demand for new orders of network hardware. Cisco Systems Inc (NASDAQ:CSCO) fell 9% following the report. Cisco announced adjusted EPS of $1.11 on revenue of $14.7B billion. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $14.62B. For Q2, […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com – Cisco cut its annual guidance Wednesday, though reported better-than-expected fiscal first-quarter results despite slowing demand for new orders of network hardware. Cisco Systems Inc (NASDAQ:CSCO) fell 9% following the report. Cisco announced adjusted EPS of $1.11 on revenue of $14.7B billion. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $14.62B. For Q2, […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com – Cisco cut its annual guidance Wednesday, though reported better-than-expected fiscal first-quarter results despite slowing demand for new orders of network hardware. Cisco Systems Inc (NASDAQ:CSCO) fell 9% following the report. Cisco announced adjusted EPS of $1.11 on revenue of $14.7B billion. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $14.62B. For Q2, […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com – Cisco cut its annual guidance Wednesday, though reported better-than-expected fiscal first-quarter results despite slowing demand for new orders of network hardware. Cisco Systems Inc (NASDAQ:CSCO) fell 9% following the report. Cisco announced adjusted EPS of $1.11 on revenue of $14.7B billion. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $14.62B. For Q2, […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com – Cisco cut its annual guidance Wednesday, though reported better-than-expected fiscal first-quarter results despite slowing demand for new orders of network hardware. Cisco Systems Inc (NASDAQ:CSCO) fell 9% following the report. Cisco announced adjusted EPS of $1.11 on revenue of $14.7B billion. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $14.62B. For Q2, […]
Cisco cuts annual guidance as network hardware demand slows; shares plunge
Investing.com – Cisco cut its annual guidance Wednesday, though reported better-than-expected fiscal first-quarter results despite slowing demand for new orders of network hardware. Cisco Systems Inc (NASDAQ:CSCO) fell 9% following the report. Cisco announced adjusted EPS of $1.11 on revenue of $14.7B billion. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $14.62B. For Q2, […]
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