despite its first-quarter earnings beat. The company expects second-quarter revenue to fall between 3% and 5%, compared to the 2.6% percent increase Wall Street anticipated. Cisco also expects second-quarter earnings between 75 cents and 77 cents, which falls short of the 79 cent EPS analysts expected, according to Refinitiv.
of 84 cents per share, excluding certain items, on revenue of $13.16 billion, exceeding the earnings of 81 cents per share and revenue of $13.09 billion analysts forecast, according to Refinitiv consensus estimates.
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a FYI folks, impeachment is NOT tanking the markets.
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