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Stockreport

Cisco's stock drops 7% on mediocre forecast even as earnings and revenue top estimates [MSNBC.com]

Cisco Systems, Inc. (CSCO)  More Company Research Source: MSNBC.com
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
CiscoHere's how the company did in comparison with LSEG consensus: per share:Cisco's revenue grew about 10% from $14 billion a year earlier, according to astatementFor the current period, Cisco expects $1.02 to $1.04 in adjusted earnings per share and $15.4 billion to $15.6 billion in revenue. Analysts polled by LSEG were looking for $1.03 per share and $15.18 billion in revenue.Investors have been looking for Cisco to play a more central role in the artificial intelligence boom, which has lifted chipmakers and providers of other data center technologies. Cisco is seeing some growth acceleration, reporting $2.1 billion in infrastructure orders from hyperscalers during the quarter.Cisco's core networking revenue increased 21% from a year earlier to $8.3 billion. Analysts polled by StreetAccount were looking for $7.9 billion.During the quarter, Cisco said it wouldprovide productsAdvanced Micro DevicesannouncedNvidia"On the sovereign side, there's really no real need nor expectation for [Read more]

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Stockreport

Cisco's stock drops 7% on mediocre forecast even as earnings and revenue top estimates [MSNBC.com]

Cisco Systems, Inc.  (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
CiscoHere's how the company did in comparison with LSEG consensus: per share:Cisco's revenue grew about 10% from $14 billion a year earlier, according to astatementFor the current period, Cisco expects $1.02 to $1.04 in adjusted earnings per share and $15.4 billion to $15.6 billion in revenue. Analysts polled by LSEG were looking for $1.03 per share and $15.18 billion in revenue.Investors have been looking for Cisco to play a more central role in the artificial intelligence boom, which has lifted chipmakers and providers of other data center technologies. Cisco is seeing some growth acceleration, reporting $2.1 billion in infrastructure orders from hyperscalers during the quarter.Cisco's core networking revenue increased 21% from a year earlier to $8.3 billion. Analysts polled by StreetAccount were looking for $7.9 billion.During the quarter, Cisco said it wouldprovide productsAdvanced Micro DevicesannouncedNvidia"On the sovereign side, there's really no real need nor expectation for [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CSCO
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS