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Opinion: Cisco faces uncertainties as many continue to work from home

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Networking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November 2019, but some of its core equipment businesses are still hurting from the pandemic.

On Tuesday, Cisco
CSCO,
-0.90%

reported slightly better-than-expected fiscal second-quarter earnings, as it sees “gradual improvement” in order growth in its commercial, public sector and service-provider businesses, which make up nearly three-quarters of its product orders. But it also said that the corporate-enterprise business remained soft, due to long sales cycles and pauses in spending by companies during the pandemic.



Source marketwatch.com

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