Cisco forecasts downbeat profit as supply chain issues drive costs higher
https://www.reuters.com/article/cisco-systems-results/cisco-forecasts-downbeat-profit-as-supply-chain-issues-drive-costs-higher-idUSKBN2I22H1
Cisco Systems Inc forecast current-quarter profit below expectations, as supply chain issues including high chip prices pushed up costs at its networking hardware business, sending its shares down 6.3%.
Cisco forecasts downbeat profit as supply chain issues drive costs higher
Nov 17, 2021, 10:14pm UTC
https://www.reuters.com/article/cisco-systems-results/cisco-forecasts-downbeat-profit-as-supply-chain-issues-drive-costs-higher-idUSKBN2I22H1
>Cisco Systems Inc forecast current-quarter profit below expectations, as supply chain issues including high chip prices pushed up costs at its networking hardware business, sending its shares down 6.3%.