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Cisco quarterly results fall as expected, sees further sales drop in Q1

2017-08-17 08:26:00| Telecompaper Headlines

(Telecompaper) Cisco reported a further fall in revenues and profit in the company's fiscal fourth quarter to July. Revenue fell 4 percent year-on-year to USD 12.1 billion, and net profit was down 14 percent to USD 2.4 billion or USD 0.48 per share, in line with the company's outlook. Results also fell over the full year, with revenue down 2 percent to USD 48.0 billion. 

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