Trending: Cisco Beats Profit Estimates, But Orders Decline
18 Maio 2023 - 3:37PM
Dow Jones News
1407 ET--Cisco Systems is one of the most mentioned companies in
the U.S. across all news items in the last 12 hours, according to
Factiva data. Cisco beat expectations for quarterly profit and
sales Wednesday, but executives didn't increase their top target
for annual revenue and revealed that orders declined again.
Executives also increased their annual profit guidance, but did not
raise their ceiling on revenue growth for the year, as some
analysts expected. Dow Jones & Co. owns Factiva.
(matt.walker@dowjones.com)
(END) Dow Jones Newswires
May 18, 2023 14:22 ET (18:22 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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