Correction to Cisco Article on Feb. 16
February 17 2017 - 1:04PM
Dow Jones News
The decline in Cisco Systems Inc.'s net profit in its fiscal
second quarter was driven in part by an exceptional $500 million
tax gain in the year-earlier period that resulted from a
settlement with the Internal Revenue Serviceof previous audits.
"Cisco Hit by Decline In Core Business -- WSJ," published Feb. 16
at 2:32 a.m. ET, incorrectly attributed the decline in part to a
one-time tax charge during the latest quarter. (Feb. 17, 2017)
(END) Dow Jones Newswires
February 17, 2017 12:49 ET (17:49 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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