Cisco Beats Analysts’ Sales Estimates on Growth in Americas


Story by Peter Burrows, Bloomberg

Cisco Systems Inc. beat analysts expectations for fiscal fourth-quarter revenue, relying on strong sales in the Americas and faster growth in servers for data centers.
Sales increased 3.9 percent to $12.8 billion in the quarter ended July 25, with profit before certain costs of 59 cents a share, Cisco said Wednesday in a statement. Analysts projected sales of $12.7 billion and profit of 56 cents, according to the average of estimates compiled by Bloomberg.

Continue Reading…


About Author

Let's Do Video is committed to bringing you the best coverage of visual collaboration technologies and related productivity tools and strategies. All aggregated content and press releases are posted under this listing.

Leave A Reply