What’s Going On With Cisco Systems Shares Today?



Cisco Systems Inc (NASDAQ:CSCO) shares are trading lower premarket today after the company issued below-consensus third quarter and FY24 Adjusted EPS and sales guidance and disclosed workforce reduction yesterday.

The company issued guidance for third-quarter revenue of $12.1 billion-$12.3 billion, vs. $13.09 billion, and Adjusted EPS of $0.84-$0.86 vs. …

Full story available on Benzinga.com


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