Networking hardware and software manufacturer Cisco Systems reported first-quarter earnings for fiscal 2025 that beat the estimates of analysts while also raising annual guidance. However, the company’s stock still slipped 2.5% in aftermarket trading as investors were not thrilled with its declining revenue.
Cisco reported...
There's nothing sweeter than having a quarter, or year for that matter, that completely catches people off guard. Surprisingly enough, it's actually quite common for a group of financial analysts to predict a revenue result, only for a company to blow that number out...
