Cisco Drops Over 5% Premarket Despite Strong Results and Outlook
CSCO Cisco Systems Inc
$113.52 -8.36%
View chart & analysis → - 1Cisco Systems (CSCO) shares fell more than 5% in U.S. premarket trading on Thursday
- 2The company provided fiscal 2027 revenue guidance of $72.2 billion to $73.4 billion and adjusted EPS of $5.05 to $5.11, exceeding Wall Street estimates
- 3After the stock has gained over 60% this year, elevated expectations meant investors wanted even stronger growth despite the solid results, according to the report
This 3-line summary is compiled from the report below.
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