By Jabin Bastian
Publication Date: 2025-11-13 20:05:00
Shares of networking technology giant Cisco (NASDAQ:CSCO) jumped 4.8% in the afternoon session after the company reported third-quarter financial results that topped Wall Street’s expectations and lifted its guidance for the full year.
The company posted revenue of $14.88 billion, a 7.5% year-over-year increase, and an adjusted earnings per share of $1.00. Both figures beat analyst estimates. More importantly, Cisco provided an optimistic outlook, raising its full-year revenue guidance by 1.8% to $60.6 billion. The company also boosted its full-year adjusted EPS forecast by 2% to $4.11, signaling confidence in its future performance and operational efficiency.
After the initial pop the shares cooled down to $76.96, up 4% from previous close.
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Cisco’s shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that context, today’s move indicates the market…