Technology

Cisco Projects Sales Growth Constrained by Further Supply Chain Issues

Cisco Projects Sales Growth Constrained by Further Supply Chain Issues

Cisco Systems Inc., the biggest maker of computer networking equipment, gave a revenue forecast for the current quarter that may top estimates, fueled by strong growth in orders. The company also announced a $15 billion increase to its share buyback program, which brings the total repurchase authorization to $18 billion. Shares gained about 5% in extended trading.

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