Cisco earnings fall 21 percent in latest quarter; still better says Analysts
Cisco earnings fall 21 pct but beat expectations
NEW YORK — Cisco Systems Inc. said Wednesday that earnings fell 21 percent in its latest quarter, but the profit comfortably beat Wall Street expectations amid signs that the market is stabilizing. Chief Executive John Chambers said customers are "finally seeing something reasonably solid underneath their feet," and the company itself has seen order rates apparently bottom out.
Loading ...