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Expecting and it didnt stop there. Ciscos outlook for the Current Quarter was upbeat as well. The dow component increased its dividend and added 15 billion to its buyback. Earned 53 cents a share, 3 cents better than estimates. Revenue for the quarter around 12 billion, a slight decline from a year ago. As for the stock, shares took off initially after that report was released. And the results come at a tough time for the tech sector. As josh lipton explains, ciscos report was closely watched as a proxy for business spending. Reporter tech has tanked with the nasdaq now down more than 10 so far this year, a big part of the concern, the Global Economic slowdown Means Companies are spending less on technology. Thats why tech investors were so interested to hear from cisco which is seen as a barometer of corporate i. T. ....
There. Ciscos outlook for the Current Quarter was upbeat as well. The dow component increased its dividend and added 15 billion to its buyback. Earned 53 cents a share, 3 cents better than estimates. Revenue for the quarter around 12 billion, a slight decline from a year ago. As for the stock, shares took off initially after that report was released. And the results come at a tough time for the tech sector. As josh lipton explains, ciscos report was closely watched as a proxy for business spending. Reporter tech has tanked with the nasdaq now down more than 10 so far this year, a big part of the concern, the Global Economic slowdown Means Companies are spending less on technology. Thats why tech investors were so interested to hear from cisco which is seen as a barometer of corporate i. T. Spending. It generated 49 bi ....
There. Ciscos outlook for the Current Quarter was upbeat as well. The dow component increased its dividend and added 15 billion to its buyback. Earned 53 cents a share, 3 cents better than estimates. Revenue for the quarter around 12 billion, a slight decline from a year ago. As for the stock, shares took off initially after that report was released. And the results come at a tough time for the tech sector. As josh lipton explains, ciscos report was closely watched as a proxy for business spending. Reporter tech has tanked with the nasdaq now down more than 10 so far this year, a big part of the concern, the Global Economic slowdown Means Companies are spending less on technology. Thats why tech investors were so interested to hear from cisco which is seen as a barometer of corporate i. T. Spending. It generated 49 bi ....
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