Cisco topped Wall Street's revenue target in its fiscal Q4, but gave a lackluster business forecast for the current quarter.
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Cisco's weak revenue forecast is driving down its stock (CSCO)
The tech behemoth, known for router and switches, saw revenues down 4%.
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Cisco's stock declined roughly 2% in after hours trading on Wednesday following the announcement.
Here's are Cisco's results:
- Revenue (GAAP) —
- $12.1 billion
- 12.64 billion in Q4 2016.
- Earnings per share (adjusted) —
- Net income (GAAP) —
- Projected revenues (GAAP)
- Projected earnings per share (adjusted)
- Full year revenues (GAAP)
- Full year earnings per share (adjusted)
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