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Cisco Systems, Inc. (CSCO) Big Revenue Miss, Cuts Guidance
Cisco Systems, Inc.
Short
Cisco Systems, Inc. (CSCO) Big Revenue Miss, Cuts Guidance
By TopgOptions
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May 18, 2022
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May 18, 2022
Revenue 12.84Bil vs 13.34Bil estimate!
Revenue forecast up more than $1 billion short of Wall Street expectations!
The inability to get power supplies out of China due to lockdown made Cisco lose 300Mil.
Another $200 were lost because of Russia`s war.
My buy area is around $41.
Looking forward to read your opinion about it.
buy
cisco
CSCO
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