. The enterprise technology company reported adjusted fourth-quarter earnings per share of 83 cents on revenue of $13.43 billion. Analysts had expected adjusted earnings per share of 82 cents on revenue of $13.38 billion, according to Refinitiv.
For the first quarter, Cisco said it anticipates adjusted earnings per share between 80 cents and 82 cents. The company said it expects flat to 2% revenue growth. Those figures are below analyst projections for earnings of 83 cents per share and revenue growth of 2.5%, according to Refinitiv consensus estimates.
Cisco CEO Chuck Robbins said the company's business in China dropped 25% amid the U.S.-China trade war and early signs of macro shifts that didn't occur in the previous quarter.jumped nearly 4% after the data services and management company reported promising first-quarter earnings. The company reported adjusted earnings per share of 65 cents on revenue of $1.24 billion. Analysts had expected earnings per share of 58 cents on revenue of $1.23 billion, according to Refinitiv.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
The charts are pointing to a rally for Cisco on earnings, says traderCisco is reporting earnings Wednesday, and one trader says the stock's about to bounce back.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Cisco drops on poor guidance, says China business dropped 25%Cisco beat in its key Infrastructure Platforms segment, but the company's guidance for the next quarter came in below the levels analysts were anticipating. Ericardo4 wait, so we operate in a global economy and hurting our trade partners also hurts US companies? Impossible ... Looks like Chinese tech boom is over...
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Stocks making the biggest moves premarket: Verizon, GE, Yum, UPS, McDonald's, American Air & moreStocks making the biggest moves premarket: Verizon, GE, Yum, UPS, McDonald's & more
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Stocks making the biggest moves midday: Macy's, Citigroup, Canada Goose, CBS & moreCheck out the companies making headlines midday on Wednesday: Citi factoring in the spilt is basically trading at fake manufactured “financial crisis” levels 10 years later, think of the 10s of trillions just churned in Citi stock alone for commissions fees exchange rebates and you get a grasp at just what a total criminal scam this all is.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Stocks are up 29% during Trump's presidencyThe S&P 500, the broad measure of stocks of the 500 largest US companies, is up 29% since Trump took office in January 2017. But they were up 46% during the same 645-day period at the start of President Barack Obama's tenure. Don't tell trump he will cry. And, what’s the increase in the deficit? I’d rather live in poverty, than to oblige that SCUMBAG realDonaldTrump with anything..... I’d rather live poor, with my core values, morals, beliefs, and ethics, than prosperous in a country that’s devoid of anything worth fighting for.
แหล่ง: CNN - 🏆 4. / 95 อ่านเพิ่มเติม »