Cisco Systems Faces Challenges In Changing Internet

By | August 14, 2014

Scalper1 News

The scramble by Cisco Systems (CSCO) to transition to adapt to a fast-changing Internet environment was on full display late Wednesday after the computer networking leader released mixed fiscal Q4 earnings and announced its second round of layoffs in a year. Cisco’s Q4 earnings and revenue came in ahead of analyst estimates, but its EPS outlook was light and its revenue outlook, though in line, calls for possibly another quarter of flat growth. Scalper1 News

Scalper1 News