Cisco’s Outlook Reflects ‘Lingering Macro Uncertainty,’ Analyst Says

Cisco Systems stock was flat on Thursday as Wall Street digested slightly better than expected financial results from the networking company. Cisco expects full-year adjusted earnings to be between $4 and $4.06 a share on revenue between $59 billion to $60 billion, compared with Wall Street estimates of earnings of $4.02 a share on revenue of $59.4 billion. Shares of Cisco were up 0.1% to $70.50 on Thursday.

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