Cisco's third quarter gets boost from demand for work-from-home apps

By Stephen Nellis and Munsif Vengattil on May 14, 2020 12:58PM

CFO says economic challenges will persist despite technology.

Cisco Systems beat quarterly revenue and profit estimates on Wednesday as COVID-19 lockdowns globally boosted demand for its remote-work tools and networking equipment, sending the Dow component's shares up nearly 3 percent after the bell. The health crisis has forced many businesses to go ...

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