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Cisco Surpasses Estimates As It Finally Gets Some AI Action Despite Steepest Revenue Drop Since 2009

Summary

On Wednesday, Cisco Systems Inc (NASDAQ: CSCO) reported its fiscal third quarter results and both its top and bottom-line surpassed Wall Street’s estimates. However, this does not change the fact that revenue suffered its steepest decline in 15 years.

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Article published on May 20, 2024 by benzinga