• Most Popular
  • Most Shared

Cisco sees fiscal Q4 revenue growing 9-10 pct y/y

NEW YORK
Tue May 6, 2008 5:18pm EDT

Stocks

   

NEW YORK (Reuters) - Cisco Systems Inc (CSCO.O) said on Tuesday it expects its fiscal fourth quarter revenue to grow 9 to 10 percent from a year earlier.

Stocks  |  Global Markets

Cisco earlier said its third-quarter revenue rose 10.4 percent to $9.8 billion.

In a conference call, Cisco Chief Executive John Chambers said he was comfortable with the company's long-term revenue growth forecast of 12 percent to 17 percent.

(Reporting by Ritsuko Ando; editing Carol Bishopric)



More from Reuters

Major hurdles cleared in Geely bid for Volvo: source

HONG KONG (Reuters) - Ford Motor and Zhejiang Geely have addressed most of the big issues in the pending sale of Ford's Volvo car unit to the Chinese automaker, a source with knowledge of the talks said on Wednesday, paving the way for the biggest acquisition of a foreign automaker by a Chinese company.

Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

A condominium under construction is seen in Miami, Florida October 15, 2007. REUTERS/Carlos Barria

Booming in the bust

For most Americans, the housing market collapsed about four years ago. For three real estate heavyweights, it's just getting started.  Full Article