Cisco Slumps on Weak Guidance: 6 Key Takeaways

With its enterprise hardware and software sales both under pressure right now, Cisco SystemsĀ  (CSCO) guided for its revenue to drop sharply again this quarter. After the bell on Wednesday, Cisco reported July quarter (fiscal fourth quarter) revenue of $12.15 billion (down 9% annually) and non-GAAP EPS of $0.80 (down […]