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Earnings Outlook: Cisco earnings: Did Trump slump continue?

Cisco Systems Inc. stock plunged after last quarter’s results, when the company blamed uncertainty during the federal government’s transition to President Donald Trump for a weak forecast.

On Wednesday, Cisco CSCO, +0.81% will show if it was right.

The networking giant is scheduled to reveal its fiscal fourth-quarter results after the market closes Wednesday, and federal-government spending—an important segment for Cisco—will be closely watched. Results fell 1% in the third quarter, and Cisco execs noted in May that about a percentage point of its forecast for a 4%-to-6% sales decline in the fourth quarter was due to uncertainty with the feds.

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