Finance

Stocks making the biggest moves after hours: Cisco, NetApp and Vipshop

0


Chuck Robbins, CEO of Cisco

Ashlee Espinal | CNBC

Check out the companies making headlines after the bell:

Cisco fell nearly 8% in after-hours trading after announcing better-than-expected fourth-quarter earnings and weaker-than-expected guidance. The enterprise technology company reported adjusted fourth-quarter earnings per share of 83 cents on revenue of $13.43 billion. Analysts had expected adjusted earnings per share of 82 cents on revenue of $13.38 billion, according to Refinitiv.

For the first quarter, Cisco said it anticipates adjusted earnings per share between 80 cents and 82 cents. The company said it expects flat to 2% revenue growth. Those figures are below analyst projections…



Source cnbc.com

Goldman Sachs may lose money on the Apple Card in the next recession

Previous article

Trump has hard time turning things around as China trade war drags on

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Finance