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Tariffs, China sales weigh on Cisco outlook, shares slide

Tariffs, China sales weigh on Cisco outlook, shares slide

5 years ago
Anonymous $ZuTig1gZkQ

https://www.reuters.com/article/us-cisco-systems-results/tariffs-china-sales-weigh-on-cisco-outlook-shares-slide-idUSKCN1V424I

Cisco Systems Inc said on Wednesday that impending U.S. tariffs and Chinese customers shunning the networking company's gear were weighing on its business, and it forecast sales and profit below Wall Street targets.

Tariffs, China sales weigh on Cisco outlook, shares slide

Aug 15, 2019, 12:14am UTC
https://www.reuters.com/article/us-cisco-systems-results/tariffs-china-sales-weigh-on-cisco-outlook-shares-slide-idUSKCN1V424I >Cisco Systems Inc said on Wednesday that impending U.S. tariffs and Chinese customers shunning the networking company's gear were weighing on its business, and it forecast sales and profit below Wall Street targets.