Cisco's security business revenue misses estimates, shares drop

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William Blair Reiterates Outperform on Cisco Systems (CSCO) Following 4Q

August 17, 2017 8:23 AM EDT

William Blair reiterated an Outperform rating on Cisco Systems (NASDAQ: CSCO) following the company's 4Q earnings report. Cisco delivered a steady fiscal fourth quarter against relatively muted expectations, beating estimates slightly on revenue and meeting consensus on non-GAAP EPS.

The company guided fiscal... More