Cisco reports fourth straight quarter of declining revenue

Cisco CEO Chuck Robbins speaks at The Wall Street Journal's Future of Everything Festival in New York on May 21, 2024.Cisco reported a fourth straight quarter of declining revenue even as results topped analysts' estimates. The stock slipped about 1% in extended trading.Here's how the company did in comparison with LSEG consensus:Earnings per share: 91 cents adjusted vs. 87 cents expectedRevenue: $13.84 billion vs. $13.77 billion expectedCisco's revenue dropped 6% in the quarter ended Oct. 26, from $14.7 bi ...