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    Home»Technology»Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B estimated, net income down 25% to $2.7B, and forecasts Q2 revenue above estimates (Ian King/Bloomberg)
    Technology

    Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B estimated, net income down 25% to $2.7B, and forecasts Q2 revenue above estimates (Ian King/Bloomberg)

    By AdminNovember 13, 2024
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    Cisco reports Q1 revenue down 6% YoY to .8B, vs. .77B estimated, net income down 25% to .7B, and forecasts Q2 revenue above estimates (Ian King/Bloomberg)




    Ian King / Bloomberg:

    Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B estimated, net income down 25% to $2.7B, and forecasts Q2 revenue above estimates  —  – Investors give tepid reaction to company’s earnings report  — Cisco has been working to recover from yearlong slump

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