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Cisco Tops Estimates But Gives Conservative Annual Forecast

Cisco Systems Inc., the biggest maker of computer networking equipment, delivered better-than-expected quarterly results and an upbeat outlook for the current period, but a conservative annual forecast brought a muted reaction from investors. Sales will be $55.3 billion to $56.3 billion in fiscal 2025, which runs through July, Cisco said in a statementBloomberg Terminal Wednesday. Though that was an uptick from its previous outlook, the midpoint of the range fell short of the $55.9 billion that ...

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