Wednesday, August 16, 2017

Cisco narrowly beats Q4 estimates with $12.1B revenue, vs. $12.06B est., down 4% YoY, as service revenue rose 1% YoY to $3.1B (Jordan Novet/CNBC)

Cisco narrowly beats Q4 estimates with $12.1B revenue, vs. $12.06B est., down 4% YoY, as service revenue rose 1% YoY to $3.1B (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Cisco narrowly beats Q4 estimates with $12.1B revenue, vs. $12.06B est., down 4% YoY, as service revenue rose 1% YoY to $3.1B  —  Cisco stock dropped 2 percent on Wednesday after the company released earnings for the fourth quarter of its 2017 fiscal year, which ended in July.



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