Cisco Exec Says Expect Revenue Growth To Be In The Low To Mid Single Digit Range Next Year
Portfolio Pulse from Benzinga Newsdesk
Cisco executive announced that the company expects revenue growth to be in the low to mid single-digit range next year during a conference call.
May 15, 2024 | 8:58 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Cisco expects its revenue growth to be in the low to mid single-digit range next year, as stated by a company executive during a conference call.
The announcement of low to mid single-digit revenue growth is a neutral indicator for Cisco's stock in the short term. While it shows positive growth, the modest range may not significantly impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100