Company News: Cisco (CSCO) posts Q4 financials in line with analysts' estimates

Market news

17 August 2017

Company News: Cisco (CSCO) posts Q4 financials in line with analysts' estimates

Cisco (CSCO) reported Q4 FY 2017 earnings of $0.61 per share (versus $0.63 in Q4 FY 2016), in-line with analysts' consensus estimate.

The company's quarterly revenues amounted to $12.133 bln (-4% y/y), generally in-line analysts' consensus estimate of $12.065 bln.

CSCO fell to $31.55 (-2.44%) in pre-market trading.

ECB says more favourable growth outlook increases confidence that inflation will gradually converge to target

ECB says headline inflation slightly lower than previously expected due to oil, exchange rates

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