Thread regarding Cisco Systems Inc. layoffs

...estimate 6.38% decline from prior year's quarter...

"...the company is forecasted to report an EPS of $0.84, showcasing a 4.55% downward movement from the corresponding quarter of the prior year.

In the meantime, our current consensus estimate forecasts the revenue to be $12.72 billion, indicating a 6.38% decline compared to the corresponding quarter of the prior year..."

https://finance.yahoo.com/news/cisco-systems-csco-falls-more-224518486.html

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Post ID: @OP+1qRRdavF

4 replies (most recent on top)

Already built into the stock price after the downward guide at the end of Q1.

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Post ID: @1hcy+1qRRdavF

With a CAGR of absolutely fu-k all over the past decade, why anyone would buy Cisco is beyond me. The BP of tech.

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Post ID: @1scu+1qRRdavF

ruh roh

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Post ID: @okd+1qRRdavF

I predict a 15% hit on the stock price.

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Post ID: @dqi+1qRRdavF

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