Friday, November 20, 2015

Cisco Systems Gives Disappointing Guidance

Information technology bellwether Cisco Systems delivered a good set of first-quarter fiscal 2016 results, but by management's own admission, its second-quarter guidance was lower than market expectations. The company blamed this on a combination of adverse foreign exchange issues and macro-economic challenges. However, there is a lot more going under the surface of these results, so let's take a closer look.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED