Cisco Systems shares are trading lower after the company reported Q4 financial results and issued Q1 and FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Cisco Systems reported Q4 financial results and issued Q1 and FY24 guidance, leading to a decrease in its share price.

August 16, 2023 | 8:32 pm
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NEGATIVE IMPACT
Cisco Systems' shares are trading lower after the company reported Q4 financial results and issued Q1 and FY24 guidance.
Cisco Systems' shares are trading lower due to the company's Q4 financial results and future guidance. This indicates that the market may have had higher expectations for the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100