Cisco second-quarter forecast misses on order slowdown

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Go back to Cisco second-quarter forecast misses on order slowdown

UBS Reiterates Buy on Cisco Systems (CSCO) Following 1Q Results

November 13, 2015 9:43 AM EST

UBS 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 EST

Needham & 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 EST

Shares 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