Cisco Systems drops on weak Q4 revenue projection

$CSCO down 13.4% and $HPE down 6% in sympathy. Cisco Systems saw flat revenue, 7% GAAP earnings growth, and tight execution. Weaker forward guidance (rev down 1 to 5.5% in Q4). sec.gov/Archives/edgar… No news from HP Enterprise.

$CSCO down 13.4% and $HPE down 6% in sympathy.

Cisco Systems saw flat revenue, 7% GAAP earnings growth, and tight execution. Weaker forward guidance (rev down 1 to 5.5% in Q4).https://t.co/uhxV9nGW3W

No news from HP Enterprise.

— Chicago Quantum (@chicago_quantum) May 19, 2022