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Ticker Summary (CSCO)
| 26.28+0.13 (+0.50%) | |
|---|---|
| Open | 25.91 |
| High | 26.31 |
| Low | 25.89 |
| Volume | 7,412,426 |
| Market Cap | 150.5B |
| 52 Week High | 26.48 |
| 52 Week Low | 15.75 |
| P/E | 25.51 |
| F P/E | 15.20 |
| EPS | 1.03 |
| Dividend | N/A |
| Yield | N/A |
| 1 Year Target | 28.48 |
CSCO 26.28 +0.50%
Shares of Cisco dropped over 8 percent in after hours trading as the company issued a warning of a possible slowdown in sales growth. For the quarter, Cisco reported an increase in revenues of 7.2 percent over the same quarter a year prior; however, the company warned that results for next quarter would be lower then what analysts had been predicting. Analyst's reported that the news impacts the technology sector as a whole, stating that the technology sector is at high risk of a U.S. economic downturn.
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