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May 18, 2022 10:42 PM

Cisco Systems, Inc. (CSCO) Big Revenue Miss, Cuts Guidance Short

Cisco Systems, Inc.NASDAQ

Description

Revenue 12.84Bil vs 13.34Bil estimate!

Revenue forecast up more than $1 billion short of Wall Street expectations!

The inability to get power supplies out of China due to lockdown made Cisco lose 300Mil.
Another $200 were lost because of Russia`s war.

My buy area is around $41.

Looking forward to read your opinion about it.




Comments
dpolykarpou
I believe buy area of $39 would be possible with market's behavior
TopgOptions
@dpolykarpou, best price target! Congrats!
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