Earnings

Cisco (CSCO) earnings Q3 2021

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In this image released on May 2, 2021, from left, Cisco CEO Chuck Robbins and Chief Public Affairs, Communications and Sustainability Officer of Coca-Cola Company Bea Perez speak onstage during Global Citizen VAX LIVE: The Concert To Reunite The World at SoFi Stadium in Inglewood, California.

Kevin Winter | Getty Images

Cisco shares fell 6% in extended trading on Wednesday after the data center networking hardware maker said it expects this quarter’s earnings to be lower than analysts had expected. The company revealed the news in its earnings report for the quarter ended May 1, its fiscal third quarter.

Here’s how the company did:

  • Earnings: 83 cents per share, adjusted, vs. 82 cents per…



Source cnbc.com

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