Cisco 3Q gain beats views, shares rise
Tags: Cisco, profit, rise, sharesAfter seeing Cisco Systems Inc.’s market value plunge $50 billion over the past six months, investors were relieved that the networking equipment maker managed to weather U.S. economic turbulence better than expected in its fiscal third quarter.
The company reported third-quarter profit Tuesday that beat analyst forecasts by 2 cents per share, and it offered fourth-quarter […]