News & Events:CSCO

* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash and Marc Jones.

* Kohl's falls on full-year forecast cut. * Canada Goose jumps on upbeat profit outlook. * Indexes: Dow off 0.89%, S&P slips 0.42%, Nasdaq up 0.26% By Devik Jain and Amruta Khandekar.

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-Cisco Systems Inc (CSCO) shares on Thursday touched an 18-month low after the company warned of persisting shortages in components, worrying Wall Street on how exports could suffer due to China's COVID restrictions and the Ukraine crisis.

* Kohl's falls on full-year forecast cut. * Canada Goose jumps on upbeat profit outlook. * Futures down: Dow 1.14%, S&P 1.15%, Nasdaq 1.17% By Devik Jain and Amruta Khandekar. May 19 - U.S. stock indexes were set to open sharply lower on Thursday after the S&P 500's biggest rout this year as investors fretted over the impact of surging inflation on the economy and corporate earnings.

Cisco Systems Inc shares are trading lower Thursday after the company reported worse-than-expected top-line results and issued guidance below analyst estimates. Cisco said first-quarter revenue totaled $12.8 billion, which was flat on a year-over-year basis and missed the $13.34-billion estimate, according to data from Benzinga Pro.

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  This article was generated by Benzinga's automated content engine and reviewed by an editor.

* Futures down: Dow 1.29%, S&P 1.35%, Nasdaq 1.42% U.S. stock index futures fell on Thursday, signaling more selling on Wall Street as investors kept a close eye on the impact of rising inflation on the U.S. economy and corporate earnings.

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Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones dipped more than 1,150 points in the previous session. Data on initial jobless claims for the latest week and Philadelphia Fed manufacturing index for May will be released at 8:30 a.m. ET.

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Cisco Systems Inc (CSCO): * CISCO REPORTS THIRD QUARTER EARNINGS. * Q3 REVENUE $12.8 BILLION. * SEES Q4 GAAP EARNINGS PER SHARE $0.60 TO $0.70. * CISCO (CSCO) - SEES FY REVENUE: 2% TO 3% GROWTH YEAR OVER YEAR. * Q3 GAAP EARNINGS PER SHARE $0.73. * Q3 NON-GAAP EARNINGS PER SHARE $0.87. * CISCO SEES Q4 REVENUE 1% TO 5.5% DECLINE YEAR OVER YEAR.

Cisco Systems Inc (CSCO) cut its full-year earnings forecast on Wednesday after COVID lockdowns in China and the war in Ukraine dragged sales below estimates in the third quarter, sending shares down 13% in extended trading.

Cisco Systems Inc  reported third-quarter sales of $12.8 billion, flat year-over-year, missing the consensus of $13.34 billion. Product revenue was up 3% Y/Y and service revenue down 8% Y/Y. Annualized Recurring Revenue was $22.4 billion, up 11% Y/Y in Q3. Cisco announced its intention to stop business operations in Russia and Belarus for the foreseeable future.

Cisco Systems reported its Q3 earnings results on Wednesday, May 18, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Cisco Systems beat estimated earnings by 1.16%, reporting an EPS of $0.87 versus an estimate of $0.86. Revenue was up $32.00 million from the same period last year.

-Cisco Systems Inc (CSCO) cut its full-year earnings forecast on Wednesday after COVID lockdowns in China and the war in Ukraine dragged sales below estimates in the third quarter, sending shares down 13% in extended trading.

Cisco Systems Inc (CSCO) missed estimates for third-quarter sales on Wednesday, hurt by COVID lockdowns in China and the war in Ukraine. Revenue was flat year-over-year at $12.8 billion in the quarter ended April 30, missing analysts' estimate of $13.34 billion, according to IBES data from Refinitiv.

SAN JOSE, Calif. News Summary: Cisco (CSCO) today reported third quarter results for the period ended April 30, 2022. Cisco (CSCO) reported third quarter revenue of $12.8 billion, net income on a generally accepted accounting principles basis of $3.0 billion or $0.73 per share, and non-GAAP net income of $3.6 billion or $0.87 per share.

A whale with a lot of money to spend has taken a noticeably bearish stance on Cisco Systems. Looking at options history for Cisco Systems we detected 11 strange trades. If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 72% with bearish.