Cisco CEO sees U.S., Euro customers 'cautious'

Wed Feb 6, 2008 5:04pm EST
 
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NEW YORK, Feb 6 (Reuters) - Cisco Systems Inc (CSCO.O), the biggest maker of gear that directs traffic on the Internet, is seeing its U.S. and European customers being "increasingly cautious," the company's chief executive said on Wednesday.

"We are seeing our U.S. and European customers being increasingly cautious," Chambers said on a conference call to discuss its quarterly results.

For its current, third quarter, Chambers said he expects total revenue to increase about 10 percent from the year-ago quarter. That implies third-quarter revenue of $9.752 billion.

Analysts currently expect revenue of $10.204 billion, according to Reuters Estimates, and a profit per share before items of 39 cents, on average. (Reporting by Sinead Carew and Duncan Martell, editing by Richard Chang)

 

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