Cisco issues upbeat guidance despite 13% hit to revenue in Q3

Cisco Systems Inc (NASDAQ: CSCO) is pushing to the upside in extended hours on Wednesday after reporting market-beating financial results for its third quarter. Cisco stock rallies on upbeat guidance for Q4 Investors are cheering also because the management issued upbeat guidance for the future. $CSCO now forecasts its revenue to fall between $53.6 billion […]