Earnings

Cisco (CSCO) earnings Q4 2020

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Chuck Robbins, chief executive officer of Cisco Technologies Inc., pauses during a panel session on day two of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2020.

Jason Alden | Bloomberg | Getty Images

Cisco shares fell about 6% in extended trading on Wednesday after the maker of computer networking equipment provided a disappointing forecast. CEO Chuck Robbins told analysts during a conference call on Wednesday that the company’s chief financial officer, Kelly Kramer, will be retiring.

Here’s how the company did in the fiscal fourth quarter: 

  • Earnings: 80 cents per share, adjusted, vs. 74 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $12.15 billion,…



Source cnbc.com

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