Cisco CEO Calls Revenue Guidance Dip Routine, Praises Profitability
CEO Chuck Robbins said the dip in Cisco's second-quarter revenue guidance is routine and investors are focusing on the wrong margin.
Cisco Systems (CSCO) CEO Chuck Robbins said on Friday that the dip in the company's second-quarter revenue guidance is routine and that investors are focusing on the wrong margin.“It’s a linearity thing that occurs almost every year,” Robbins said in an interview with CNBC on Friday, a day after Ci…