By Angelica Ballesteros
Publication Date: 2025-11-14 14:38:00
We recently published Market in Turmoil but These 10 Stocks Are on Fire. Cisco Systems, Inc. (NASDAQ:CSCO) is one of the best-performing stocks on Thursday.
Cisco Systems propelled to a new 25-year high on Thursday as investor sentiment was bolstered by its strong earnings performance for the first quarter of fiscal year 2026, which exceeded its own expectations.
At intra-day trading, the stock soared to its highest price of $79.50 before trimming gains to end the day just up by 4.62 percent at $77.38 apiece.
In an updated report, Cisco Systems, Inc. (NASDAQ:CSCO) said net profit increased by 5 percent to $2.9 billion from $2.7 billion in the same period last year, while revenues jumped by 8 percent to $14.9 billion from $13.8 billion year-on-year, on the back of higher revenues from products and services, which jumped by 10 percent and 2 percent, respectively.
Total revenues also beat the company’s earlier guidance of $14.65 billion to $14.85 billion.
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