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Jordan Novet / CNBC:

Cisco misses with Q3 revenue of $12.8B vs. $13.34 expected, nearly flat YoY, and forecasts a YoY revenue decline in Q4 of between 1% and 5.5%; stock drops 15%  —  – Cisco missed on the top line in the quarter and issued a worse-than-expected revenue forecast for the current quarter.