Cisco Raises Annual Earnings Forecast, Announces $15 Billion In Share Buybacks

Cisco Systems Inc on Wednesday raised its fullyear earnings forecast and reported quarterly revenue above expectations on strong demand for its enterprise communication tools and 5G gear. Shares of the company rose about 5% in extended trading after the networking giant announced a $15 billion increase to its stock repurchase program.

from Top Tech News- News18.com https://ift.tt/kY0W8m5