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Benzinga
Benzinga
Business
Dylan Berman

Cisco Stock Is Trading Lower Thursday: What's Going On?

Cisco CSCO Nasdaq GAAP
Cloud CRM Breaches Hit Firms Like Cisco, Qantas, Allianz

Cisco Systems, Inc. (NASDAQ:CSCO) shares are trading lower Thursday following the release of fourth-quarter financial results on Wednesday after the market closed.

What To Know: Cisco reported adjusted earnings per share of 99 cents, beating the consensus estimate of 97 cents. In addition, the company reported sales of $14.67 billion, beating the consensus estimate of $14.61 billion.

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