Author Topic: Technology: Cisco Systems Revenue Outlook Lags; Europe Weighs  (Read 417 times)

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Technology: Cisco Systems Revenue Outlook Lags; Europe Weighs
« on: February 18, 2013, 01:29:17 PM »
Cisco Systems Revenue Outlook Lags; Europe Weighs

Cisco Systems' comeback might have derailed a bit late Wednesday, when the company's sales outlook for the current quarter missed Wall Street expectations. Cisco's (CSCO) earnings outlook met views, however, and its earnings and sales for its fiscal Q2 beat expectations. Investors sent shares down 2% in after-hours trading, after the report. Shares rose nearly 1% in Wednesday's regular session, and the stock is up 25% in the past three months,

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