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StockWatch: Cisco Jumps by 5% on 2022 Outlook!

Started by PocketOption, Feb 17, 2022, 02:08 pm

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PocketOption

StockWatch: Cisco Jumps by 5% on 2022 Outlook!

Cisco

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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