_cisco-raises-q4-revenue-above-analysts39-estimates-driven-by-enterprise-spending-surge.jpg "Cisco Raises Q4 Revenue Above Analysts' Estimates, Driven by Enterprise Spending Surge from movie chat above inc 18 hps korachi prem korachi kor boi opu bissas video নায়িকাদের karthi video songsicc গান রুমিারতের নায়িকা কোয়েল মল্লিকের ভিডিওাংলাদেশ আলমগির Video Screenshot Preview")
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⏲ Duration: 0:33
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✓ Published: 17-May-2024
👁 View: 170K times
✓ Published: 17-May-2024
Description:
Cisco Systems forecast fourth-quarter revenue above analysts' low expectations, benefiting from a pick-up in enterprise spending and easing supply chain constraints. Cisco's revenue fell 13% but beat estimates, with Splunk acquired to boost cybersecurity. Cisco is trying to reduce reliance on its massive networking equipment business, which has suffered from supply issues and a post-pandemic slowdown. Cisco has benefited from increased spending as companies boost AI and cloud computing needs.
Cisco Systems forecast fourth-quarter revenue above analysts' low expectations, benefiting from a pick-up in enterprise spending and easing supply chain constraints. Cisco's revenue fell 13% but beat estimates, with Splunk acquired to boost cybersecurity. Cisco is trying to reduce reliance on its massive networking equipment business, which has suffered from supply issues and a post-pandemic slowdown. Cisco has benefited from increased spending as companies boost AI and cloud computing needs.
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