"Looking ahead we expect the supply challenges and cost impacts to continue through at least the first half of our fiscal year, and potentially into the second half," CEO Chuck Robbins told analysts on a conference call. Gross margin narrowed to 63.6% from 63.9% in the prior quarter. In the previous quarter revenue rose almost 7% on an annualized basis. Revenue grew about 8% year over year in the fiscal fourth quarter, which ended on July 31, according to a statement.
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