Cisco Systems Slides 1.4% After Beating Street
Cisco Systems
(CSCO) - Get Cisco Systems Inc. Report
was down 1.4% in preopen
Island
Scroll to Continue
TheStreet Recommends
trading. After the close Monday, the networking giant reported first-quarter earnings of 18 cents per share, beating the Street's estimate of 17 cents and the year-ago 12 cents.
The company raised 2001 revenue growth projections but analysts were concerned about signs of an inventory build-up.
