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Cisco gives tepid current-quarter forecast; sees weak client spending

Cisco gives tepid current-quarter forecast; sees weak client spending

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-cisco-systems-results/cisco-gives-tepid-current-quarter-forecast-sees-weak-client-spending-idUSKBN2062WE

Cisco Systems Inc gave a lackluster forecast for third-quarter revenue and profit on Wednesday and said it continued to expect a pause in customer spending given the current macroeconomic environment, sending its shares down 4%.

Cisco gives tepid current-quarter forecast; sees weak client spending

Feb 13, 2020, 12:14am UTC
https://www.reuters.com/article/us-cisco-systems-results/cisco-gives-tepid-current-quarter-forecast-sees-weak-client-spending-idUSKBN2062WE >Cisco Systems Inc gave a lackluster forecast for third-quarter revenue and profit on Wednesday and said it continued to expect a pause in customer spending given the current macroeconomic environment, sending its shares down 4%.