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Cisco forecasts fourth-quarter revenue above estimates

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Cisco forecasts fourth-quarter revenue above estimates

May 15, 2024 1:29 PM

May 15 (Reuters) - Cisco Systems ( CSCO ) forecast

fourth-quarter revenue above Wall Street estimates on Wednesday

as the network equipment maker benefits from a pick up in

enterprise spending and easing supply chain constraints.

The company forecast fourth-quarter revenue between $13.4

billion and $13.6 billion, compared with analysts' estimates of

$13.23 billion, according to LSEG data.

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