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<\/span><\/figcaption><\/figure>By Richard Francis
<\/strong>
Cisco<\/a> Systems Inc said on Wednesday a large backlog of products due to supply chain constraints has hit demand for new orders from customers, sending the company's shares down 4% in extended trading.

Cisco's product orders fell 23% in the third quarter, even as the maker of routers, security services and software products reported a quarterly profit that beat estimates, helped by its aggressive steps to resolve supply chain bottlenecks<\/a>.

But the backlog, combined with \"macroeconomic conditions<\/a>\", hit demand for new products, company executives said on a post-earnings conference call.

\"Increase in product shipments is often leading customers and partners to absorb these shipments prior to placing new orders,\" Cisco CEO Chuck Robbins<\/a> said.

The company forecast modest revenue growth in 2024 and expects to end the fiscal year with roughly double of its normal product backlog.

Cisco also forecast full-year revenue to rise between 10.0% and 10.5% and now expects annual adjusted earnings per share between $3.80 and $3.82.

The company's third-quarter adjusted earnings per share of $1 and revenue of $14.57 billion were both above market estimates pooled by Refinitiv<\/a>.

Cisco's shares were down 4.3% at $45.58 in extended trading.
<\/body>","next_sibling":[{"msid":100316480,"title":"Belgium\u2019s Citymesh picks Nokia 5G drone solution for deployment in emergency zones","entity_type":"ARTICLE","link":"\/news\/telecom-equipment\/belgiums-citymesh-picks-nokia-5g-drone-solution-for-deployment-in-emergency-zones\/100316480","category_name":null,"category_name_seo":"telecom-equipment"}],"related_content":[],"msid":100317110,"entity_type":"ARTICLE","title":"Cisco's orders hit by sluggish demand, shares fall","synopsis":"Cisco's product orders fell 23% in the third quarter, even as the maker of routers, security services and software products reported a quarterly profit that beat estimates, helped by its aggressive steps to resolve supply chain bottlenecks.","titleseo":"telecom-equipment\/ciscos-orders-hit-by-sluggish-demand-shares-fall","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":412,"shares":0,"engagementtimems":1939000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2023-05-18 08:26:06","lastupd":"2023-05-18 08:29:58","breadcrumbTags":["cisco","chuck robbins","refinitiv","supply chain bottlenecks","cisco shares","macroeconomic conditions","telecom equipment"],"secinfo":{"seolocation":"telecom-equipment\/ciscos-orders-hit-by-sluggish-demand-shares-fall"}}" data-authors="[" "]" data-category-name="Telecom Equipment" data-category_id="914" data-date="2023-05-18" data-index="article_1">

思科的订单需求疲弱,股价下跌

思科的产品订单在第三季度下降了23%,尽管路由器制造商,安全服务和软件产品公布第三季度利润超过预期,得益于其激进的措施来解决供应链瓶颈。

  • 更新2023年5月18日上午08:29坚持
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思科系统公司周三表示,大量积压的产品由于供应链的限制了对新订单来自客户的需求,将公司的股票在盘后交易中下跌4%。

思科的产品订单在第三季度下降了23%,尽管路由器制造商,安全服务和软件产品公布第三季度利润超过预期,得益于其激进的措施来解决供应链的瓶颈。

但是积压,加上“宏观经济条件”,对新产品的需求,公司高管在公布财报收益的电话会议上说。

广告
“增加产品出货量通常是主要客户和合作伙伴来吸收这些出货量将新订单之前,“思科首席执行官查克·罗宾斯说。

该公司预计温和的营收增长,预计2024年结束的财政年度大约两倍的正常产品待办事项列表。

思科也预测全年营收上升10.0%至10.5%,目前预计年度调整后每股收益3.80美元和3.82美元之间。

公司的第三季度调整后每股收益1美元和145.7亿美元的收入都是高于市场估计合用Refinitiv。

思科的股价在盘后交易中下跌4.3%,报45.58美元。
  • 发表在2023年5月18日08:26点坚持
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\"\"
<\/span><\/figcaption><\/figure>By Richard Francis
<\/strong>
Cisco<\/a> Systems Inc said on Wednesday a large backlog of products due to supply chain constraints has hit demand for new orders from customers, sending the company's shares down 4% in extended trading.

Cisco's product orders fell 23% in the third quarter, even as the maker of routers, security services and software products reported a quarterly profit that beat estimates, helped by its aggressive steps to resolve supply chain bottlenecks<\/a>.

But the backlog, combined with \"macroeconomic conditions<\/a>\", hit demand for new products, company executives said on a post-earnings conference call.

\"Increase in product shipments is often leading customers and partners to absorb these shipments prior to placing new orders,\" Cisco CEO Chuck Robbins<\/a> said.

The company forecast modest revenue growth in 2024 and expects to end the fiscal year with roughly double of its normal product backlog.

Cisco also forecast full-year revenue to rise between 10.0% and 10.5% and now expects annual adjusted earnings per share between $3.80 and $3.82.

The company's third-quarter adjusted earnings per share of $1 and revenue of $14.57 billion were both above market estimates pooled by Refinitiv<\/a>.

Cisco's shares were down 4.3% at $45.58 in extended trading.
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