Cisco Sees Revenue Growth Returning Next Quarter
Networking hardware provider Cisco Systems (NASDAQ: CSCO) reported its fiscal first-quarter results after the market closed on Nov. 15. While revenue slumped for an eighth straight quarter, Cisco guided for a return to growth in the second quarter. The company's shift to subscription products is still knocking down revenue, but it expects to overcome that headwind and put an end to its streak of revenue declines. Here's what investors need to know about Cisco's first-quarter report.
Metric
Q1 2018
Source: Fool.com
Cisco Systems Inc. Stock
€44.40
-0.580%
We see a rather positive sentiment for Cisco Systems Inc. with 11 Buy predictions and 2 Sell predictions.
With a target price of 56 € there is a positive potential of 26.14% for Cisco Systems Inc. compared to the current price of 44.4 €.
