TechnologyToday
Cisco reports Q1 revenue of $12.9B, up 8% YoY, total annualized recurring revenue of $21.6B, up 10% YoY; total product order growth up 33% YoY; stock up 6%+ (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Cisco reports Q1 revenue of $12.9B, up 8% YoY, total annualized recurring revenue of $21.6B, up 10% YoY; total product order growth up 33% YoY; stock up 6%+ — – Cisco fell short of analysts’ estimates on revenue in the quarter. — The company also issued guidance that missed analyst’ predictions.
