T he NASDAQ 100 After Hours Indicator is up 44.32 to 13,040.86. Cisco shares tumbled on Wednesday after the company reported weaker-than-expected guidance. Revenue grew 6% on an annualized basis in the quarter, according to a statement. Copyright © 2021 MarketWatch, Inc. All rights reserved. Year-to-date, TSCO has gained 3.76%, versus a -0.09% rise in the benchmark S&P 500 index during the same period. The company provided EPS guidance of 0.80-0.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.81. There are currently no items in this Watchlist. For the best MarketWatch.com experience, please update to a modern browser. Check out what's happening in U.S. markets during after hours trading on CNBC. Published Wed, ... Shares of Synopsys fell more than 3 percent in after-hours trading after hitting a 52-week intraday high. Wed, Feb 12 2020 5:59 PM EST. The following … Cookie Notice (). On Nov. 5, 2003, CSCO closed the after-hours session with a 5.8% advance after the company reported Q1 results well ahead of the consensus. Year-to-date, CSCO has declined -9.18%, versus a 5.73% rise in the benchmark S&P 500 index during the same period. ET. CSCO, a networking business that provides services and products to a wide range of customers, is a tech stock yet also qualifies as a value stock. Got a confidential news tip? Intraday Data provided by FACTSET and subject to terms of use. Visit a quote page and your recently viewed tickers will be displayed here. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA. Heading into the report, some analysts expressed concerns about Cisco given storage hardware company NetApp's decision to lower its fiscal-year guidance at the beginning of August. In premarket trading Thursday, shares of Cisco were off more than 9%. Visit our Earnings Calendar for a full list of expected earnings releases.Cisco Systems, Inc. (CSCO… Privacy Notice, and Cisco Systems (CSCO) rose in after-hours trading on Wednesday after the company reported third-quarter results that surpassed analysts' expectations. T he NASDAQ 100 After Hours Indicator is down -10.28 to 12,784.21. Cisco's broad customer base could help the company weather softer macroeconomic conditions, wrote the JP Morgan analysts, who have an overweight rating on Cisco stock. Investors may trade in the Pre-Market (4:00-9:30 a.m. Analysts polled by Refinitiv were looking for 83 cents in earnings per share, excluding certain items, and $13.40 billion in revenue, or 2.5% growth, for that period. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Have Watchlists? Cisco's Security business contributed $714 million in revenue, less than $739.9 million FactSet consensus estimate. ET on SmarterAnalyst Microsoft and 7 Other Top Tech Stocks Analysts Want … as of. It had already dropped 4% during the day on a disastrous day for stocks . Cisco Systems (CSCO) After-Hours: -3.11% For more information: https://investor.cisco.com/news/news-details/2021/Cisco-Reports-Second-Quarter-Earnings/default.aspx After-hours buzz: LB, CSCO, SNPS & more. © 2021 CNBC LLC. Data is currently not available. Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol based networking products and services related to the communications and information technology industry. "We expect a large portion of NetApp's headwinds to have limited implications for Cisco, except for cautious spending from large accounts which we believe Cisco is well positioned to offset through a strong product cycle and broader customer exposure," JP Morgan analysts led by Samik Chatterjee wrote in a Monday note. Follow @CNBCtech on Twitter for the latest tech industry news. 45.56 +0.98 (2.20%) volume: After Market Volume. ‘No peace’ for markets until 10-year Treasury yield hits 2%, strategist says, Wisconsin Republican Ron Johnson’s remark about feeling safe in Senate during Capitol riot labeled racist, Marco Rubio links his support for unionizing Amazon workers with an accusation of ‘wokeness’ at company, Vaccine-site volunteers frequently rewarded with early shots, What Bond Investors Should Watch This Week: Fed Decision Edition, Nancy Pelosi’s Husband Bought Up This Investment Firm’s Stock. The following companies are expected to report earnings after hours on 02/09/2021. All Rights Reserved. "We're not being allowed to even participate anymore." He said in the quarter Cisco company saw "significant impact" on business in China because of the U.S.-China trade war. AnyChart. CISCO CSCO After Hours Earnings Miss Big Short Is there a bounce in sight for Cisco stock? A Division of NBCUniversal. The Fast Money traders discuss. 8, 2021 at 7:05 a.m. I want to retire in a college town with warm weather and lower taxes — where should I go? A rebound in Cisco stock is largely tied to corporate spending on information technology as the Covid-19 emergency eases. CSCO After Hours Trading and Pre-Market Trading After-Hours Trades. CSCO shares fell $0.09 (-0.21%) in after-hours trading Friday. CSCO tends to take quite a bit of flak from experts, often for good reasons. Last Updated: Mar 9, 2021 7:59 p.m. EST Delayed quote ... CSCO Profile. The Applications segment had $1.49 billion in revenue, in line with the $1.49 billion FactSet analyst consensus. Nasdaq.com provides detailed information on the last after hours trades on a stock as well as on the after hours high and low price, trading in the after hours market from 4:00 till 8:00 p.m. In the quarter Cisco announced new Wi-Fi products and a plan to acquire Acacia Communications for $2.6 billion. Intraday data delayed at least 15 minutes or per exchange requirements. We want to hear from you. Cisco Systems Inc. historial options data by MarketWatch. The company said it would buy Acacia Communications in the quarter. The company issued revenue guidance of $12.402-12.642 billion, compared to the consensus revenue estimate of $12.35 billion. ... TSCO shares were unchanged in after-hours trading Wednesday. About the Author: Aaryaman Aashind. As for guidance, Cisco said it expects to report 80 to 82 cents in earnings per share, excluding certain items, and flat to 2% revenue growth in the first quarter of its 2020 fiscal year. Something went wrong while loading Watchlist. The stock is one of the most heavily traded after hours, and … ET. San Jose, California 95134-1706 . Cloud computing sales are up but 5G wireless has yet to kick in. The stock hit … This is why RiskReversal Advisors' Dan Nathan is watching Cisco stock. 02:52. 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WATCH: This is why RiskReversal Advisors' Dan Nathan is watching Cisco stock. "What we've seen is in the state on enterprises ... we're just being -- we're being uninvited to bid," Robbins said. Cisco Systems Inc. 170 West Tasman Drive. NEW YORK (TheStreet) -- Shares of Cisco Systems (CSCO) - Get Report were slumping in after-hours trading on Wednesday after the company posted better-than … 513.87k. watch now. About the Author: Jaimini Desai. Subscriber Agreement & Terms of Use, 03/07/21 Fly Intel: Top five weekend stock stories 03/01/21 Cisco completes acquisition of Acacia Communications 02/16/21 Cisco says IMImobile offer approved by South African competition authorities This browser is no longer supported at MarketWatch. Year-to-date, CSCO has declined -3.62%, versus a 15.61% rise in the benchmark S&P 500 index during the same period. Extended Hours Chart. Cisco falls after hours: 3 trades. Cisco Systems (NASDAQ:CSCO) updated its third quarter 2021 After-Hours earnings guidance on Tuesday. CSCO shares were unchanged in after-hours trading Wednesday. Here's what the company reported: The firm operates through the following geographical segments: the Americas, EMEA, and APJC. The total After hours volume is currently 118,024,675 shares traded. Why One Analyst Just Turned Upbeat. ET) and the After Hours Market (4:00-8:00 p.m. Data is a real-time snapshot *Data is delayed at least 15 minutes. The majority of Cisco's revenue comes from sales of data center networking products, including switches and routers. The following … CSCO Cisco $47.50 / +1.285 (+2.78%). The company provided earnings per share guidance of 0.80-0.82 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.81. Sales to carriers declined more forcefully as well, he said. Its product comprises of the following categories: Switches, Routers, Wireless, Network Management Interfaces and Modules, Optical Networking, Access Points, Outdoor and Industrial Access Points, Next-Generation Firewalls, Advanced Malware Protection, VPN Security Clients, Email, and Web Security. At the moment, the stock has a 52-week-high of $49.34 and a 52-week-low of $32.40. Zoom Video (ZM) to Report Q4 Earnings: What's in the Cards. VIDEO 13:58. Cisco Systems (NASDAQ:CSCO) updated its third quarter 2021 After-Hours earnings guidance on Tuesday. Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. Back To Top. CSCO After Hours. Company Profile. Shares of the company are up 17% since the beginning of the year. Jaimini Desai has been a financial writer and reporter for nearly a decade. The company issued revenue guidance of $12.402-12.642 billion, compared to the consensus revenue estimate of $12.35 billion. Cisco shares tumbled on Wednesday after the company reported weaker-than-expected guidance. After-hours trading starts at 4 p.m. and can run as late as 8 p.m. For the second quarter, Cisco Systems had an EPS of $0.79, compared to year-ago quarter EPS of $0.77. Get this delivered to your inbox, and more info about our products and services. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. By using this site you agree to the 7:58. Investors are generally happy with the earnings report delivered by Cisco Systems (NASDAQ:CSCO) after market close. View CSCO option chain data and pricing information for given maturity periods. It had already dropped 4% during the day on a disastrous day for stocks. Create a list of the investments you want to track. All quotes are in local exchange time. Analysts Are Bullish on Top Technology Stocks: Cisco Systems (CSCO), MongoDB (MDB) Mar. CSCO Latest After Hours Trades. In China, Cisco's revenue was down 25% on an annualized basis in the quarter, Kelly Kramer, the company's chief financial officer, said on the call. "We did see in July some slight early indications of some macro shifts that we didn't see in the prior quarter," Cisco CEO Chuck Robbins told analysts on a Wednesday conference call. After-Hours Buzz: CSCO, AAPL, WFM & More JeeYeon Park | @JeeYeonParkCNBC Published 5:24 PM ET Wed, 13 Feb 2013 Updated 5:32 PM ET Wed, 13 Feb 2013 CNBC.com That business is represented by Cisco's Infrastructure Platforms segment, which came up with quarterly revenue of $7.88 billion, above the $7.84 billion consensus among analyst polled by FactSet. Saved from youtube.com. In his after-hours commentary, for example, CNBC guest analyst Josh Brown begged "not to talk about Cisco anymore." The total After hours volume is currently 109,907,614 shares traded. Historical and current end-of-day data provided by FACTSET. On May 9th, Cisco (NASDAQ:CSCO) released its earnings and had a conference call after the market closed. 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Log in to see them here or sign up to get started. Cisco Was Left Out of the 2020 Tech Rally. Cisco Systems (CSCO) shares are lower in after-hours on Wednesday despite the company beating analysts' estimates in the fiscal third quarter. After Hours.
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