Cisco second-quarter forecast misses on order slowdown
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UBS Reiterates Buy on Cisco Systems (CSCO) Following 1Q Results
November 13, 2015 9:43 AM UTCUBS reiterated a Buy rating and $33.00 price target on Cisco (NASDAQ: CSCO), following the company's 1Q16 earnings report. Cisco's results beat F1Q estimates and its F2Q EPS guidance was in-line. Sales in most of the segments, including Security, Switching and Data Center,... More
Needham & Company Affirms Cisco (CSCO) at 'Hold'; Guidance was Both Important...and Disappointing
November 13, 2015 7:13 AM UTCNeedham & Company reaffirms Cisco Systems (Nasdaq: CSCO) with a Hold rating following Q1 results and guidance issued on Thursday night.
Alex Henderson commented, CSCO reported revenues essentially in line with forecasts and beat on EPS, but these numbers were not the story for the quarter. It... More
Cisco (CSCO) Posts Strong Q1 But Falls on Soft Outlook
November 12, 2015 5:21 PM UTCShares of Cisco Systems (NASDAQ: CSCO) are trading down 5% after-hours Thursday following better-than-expected first quarter results, which were overshadowed by second guidance that was below the Street.
Cisco's revenue in the first quarter grew 3.6% to $12.7 billion, which was in-line with the consensus. Non-GAAP EPS... More
