Cisco Slumps on Weak Guidance: 6 Key Takeaways

With its enterprise hardware and software sales both under pressure right now, Cisco Systems¬† (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 […]