Title: StockWatch: Cisco Jumps by 5% on 2022 Outlook!
Post by: PocketOption on Feb 17, 2022, 02:08 pm
Post by: PocketOption on Feb 17, 2022, 02:08 pm
StockWatch: Cisco Jumps by 5% on 2022 Outlook!
Source: StockWatch: Cisco Jumps by 5% on 2022 Outlook! (https://www.orbex.com/blog/en/2022/02/stockwatch-cisco-jumps-by-5-on-2022-outlook)
Cisco shares rose by as much as 5% in extended trading as fiscal second-quarter earnings surpassed expectations.
Revenue increased by 6% YoY as the company predicted a 'sunny outlook' for 2022.
Shares of Nvidia slipped in late trading Wednesday despite reporting strong financial results for its latest quarter.
Nvidia reported $7.64bn in revenue, up 53% from a year ago.
Timestamps:
- CSCO 01:45
- NVDA 03:25
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Source: StockWatch: Cisco Jumps by 5% on 2022 Outlook! (https://www.orbex.com/blog/en/2022/02/stockwatch-cisco-jumps-by-5-on-2022-outlook)