Ron Burgundy Posted November 12, 2014 Share Posted November 12, 2014 (Reuters) - Network equipment maker Cisco Systems Inc forecast current-quarter profit below analysts' average estimate, weighed down by capital budget cuts at telecom service providers and weak sales in emerging markets. Cisco's shares reversed course in extended trading following the forecast and fell 1 percent. They had risen after the company reported a better-than-expected revenue and profit for the first quarter. "Service provider is the big challenge...that's due to two to three U.S. ... View the full article Quote Link to comment Share on other sites More sharing options...
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