The tech behemoth, known for router and switches, saw revenues down 4%.
Cisco topped Wall Street's revenue target in its fiscal Q4, but gave a lackluster business forecast for the current quarter.
Cisco's stock declined roughly 2% in after hours trading on Wednesday following the announcement.
Here's are Cisco's results:
- Revenue (GAAP) — $12.1 billion, down 4% from $12.64 billion in Q4 2016. This is compared to analyst estimates of $12.07 billion. Cisco projected similar estimates.
- Earnings per share (adjusted) — $0.61, on the nose of analyst estimates and a penny above's Cisco's own forecast.
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