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Cisco quarterly revenues fall 9%, sees continued drop in October quarter

2020-08-13 08:15:00| Telecompaper Headlines

(Telecompaper) Cisco reported a slightly bigger drop in revenues in its fiscal fourth quarter to July, down 9 percent to USD 12.2 billion compared to an 8 percent fall in the previous quarter. Revenues were near the high end of its guidance. Earnings still increased 22 percent year-on-year to USD 0.62, helped by lower taxes. 

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