Wall Street analysts forecast that Cisco Systems (CSCO) will report quarterly earnings of $0.87 per share in its upcoming release, pointing to a year-over-year decline of 21.6%. It is anticipated that revenues will amount to $13.76 billion, exhibiting a decline of 6.2% compared to the year-ago quarter.
decline decline decline. You guys need to work harder.
Time for another big acquisition :)
All knows that a company in transition will show declining revenue. The problem is Wall Street AI does not include that factor in its valuation.
Cisco stock goes to 70.
We know how the fy ended 2 months ago, and we don’t have enough time to make a big jump. Although we’re on the death spiral, no point in writing ourselves off. I’d say give us 3 more quarters before declaring the death
The ELT knows how to deal with declining revenue. More cost cutting!
Just looking at numbers without emotion, a ~6% Revenue decline in a period of time matched to a ~21% EPS decline must be addressed. The only way is to lower cost of doing business. Costs in Facilities, Headcount, R&D, Expenses, etc.
I hear many in the valley feel yet another pointer to a company in terminal decline.
Very sad
Expect more layoffs so ELT can boost their pockets
No clear strategy and a confusing jumble of solutions. Employees are as confused as anyone.
Sold my stock yesterday.