- Earnings: $1.11 per share, adjusted, vs. $1.03 per share expected
- Revenue: $14.67 billion vs. $14.61 billion expected
Cisco stock plunges on light guidance after product order slowdown
Cisco shares were down as much as 13% in extended trading on Wednesday after the networking hardware maker issued a glum forecast for the current quarter and the full fiscal year.
Here’s how the company did, compared to the consensus among analysts surveyed by LSEG, formerly known as Refinitiv: