Cisco shares rose by as much as 5% in extended trading as fiscal second-quarter earnings surpassed expectations.
Revenue increased by 6% YoY as the company predicted a ‘sunny outlook’ for 2022.
Shares of Nvidia slipped in late trading Wednesday despite reporting strong financial results for its latest quarter.
Nvidia reported $7.64bn in revenue, up 53% from a year ago.
Timestamps:
- CSCO 01:45
- NVDA 03:25