Cisco Delivers Strong Earnings as AI Infrastructure Orders Grow

Cisco (CSCO) reported fiscal third-quarter revenue and profits that topped analysts’ projections, thanks in part to strong demand for AI infrastructure.

The networking-equipment provider’s revenue rose 11% year-over-year to $14.15 billion, above the analyst consensus from Visible Alpha. Adjusted net income of $3.83 billion, or 96 cents per share, improved from $3.55 billion, or 88 cents per share, in the year-ago quarter and exceeded estimates.

The gains came as AI infrastructure…