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Cisco shares rally the most in nearly two years after earnings beat

Cisco shares rally the most in nearly two years after earnings beat

Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022.

Adam Galica | CNBC

Cisco shares closed up about 6% on Thursday in their best day in almost two years after the computer networking company reported better-than-expected quarterly results and offered rosy guidance for the coming year.

Revenue declined slightly in the fiscal fourth quarter from a year earlier to $13.1 billion, but still exceeded the $12.79…


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