Cisco raises annual revenue forecast

Reuters
02/12
Cisco raises annual revenue forecast     

Feb 11 (Reuters) - Cisco Systems CSCO.O raised its full-year revenue forecast on Wednesday, driven by robust enterprise spending on its networking equipment amid the artificial intelligence boom.

The company said it now expects full-year revenue between $61.2 billion and $61.7 billion, compared with its prior forecast of $60.2 billion to $61 billion.

(Reporting by Juby Babu in Mexico City; Editing by Alan Barona)

((Juby.Babu@thomsonreuters.com))

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