Cisco misses with Q3 revenue flat YoY at $12.8B, vs. $13.34B expected, and forecasts a YoY revenue decline in Q4 between 1% and 5.5%; stock drops 10%+ (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Cisco misses with Q3 revenue flat YoY at $12.8B, vs. $13.34B expected, and forecasts a YoY revenue decline in Q4 between 1% and 5.5%; stock drops 10%+ — - Cisco missed on the top line in the quarter and issued a worse-than-expected revenue forecast for the current quarter.
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Cisco misses with Q3 revenue flat YoY at $12.8B, vs. $13.34B expected, and forecasts a YoY revenue decline in Q4 between 1% and 5.5%; stock drops 10%+ (Jordan Novet/CNBC)
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May 18, 2022
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