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Cisco Systems, Inc. (CSCO) designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry. 
The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points that are standalone, controller appliance-based, switch-converged, and Meraki cloud-managed offerings; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.
In addition, it provides Internet for the future product consists of routed optical networking, 5G, silicon, and optics solutions; collaboration products, such as meetings, collaboration devices, calling, contact center, and communication platform as a service; end-to-end security product consists of network security, cloud security, security endpoints, unified threat management, and zero trust; and optimized application experiences products including full stack observability and cloud-native platform.
Shares are heading higher along a trendline support. On May 17th, CSCO reported 3rd Quarter April 2023 earnings of $0.98 per share on revenue of $14.6 billion. The consensus earnings estimate was $0.97 per share on revenue of $14.4 billion. Revenue grew 13.5% on a year-over-year basis.
We will be trading June 29th Call Options
Last Trade: $50.02
Trading Range: $38.60 - $52.56
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