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Cisco Systems Inc cuts long-term revenue growth target - Reuters


Thursday, 12 Dec 2013 11:29am EST 

Cisco Systems Inc:Cisco Systems Inc on Dec 12 cut its longer-term revenue growth target to a range of 3 percent to 6 percent per year from its previous range of 5 percent to 7 percent - Reuters.Chief Financial Officer Frank Calderoni cited macro-economic pressure in emerging markets, conservative customer budgets and service provider market dynamics for the change.FY 2014 revenue of $46.43 billion - Thomson Reuters I/B/E/S Estimates.FY 2015 revenue of $48.34 billion - Thomson Reuters I/B/E/S Estimates.FY 2016 revenue of $52.39 billion - Thomson Reuters I/B/E/S Estimates. 

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