Wednesday, September 15, 2021

Cisco forecasts growth from software shift, but chip prices pressure profits

The company gave a fiscal 2025 revenue forecast with a midpoint of $62.9 billion, saying it expects a compound annual growth rate of 5% to 7%. Cisco predicted the same growth rate for adjusted profits, targeting a midpoint of $4.07 per share in fiscal 2025.

from Gadgets Now https://ift.tt/3EkPvQj

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