By By Larry Dignan
Publication Date: 2025-11-12 22:08:00
Cisco reported better-than-expected first quarter results, raised its outlook and said it landed more AI infrastructure orders from hyperscalers and posted strong networking growth.
The company reported first quarter net income of $2.9 billion, or 72 cents a share, on revenue of $14.9 billion, up 8% from a year ago. Non-GAAP earnings for the first quarter were $1 a share.
Wall Street analysts were expecting Cisco to report non-GAAP fiscal first quarter earnings of 98 cents a share on revenue of $14.78 billion.
CEO Chuck Robbins said Cisco saw “widespread demand for our technologies.”
Mark Patterson, Cisco CFO, said that the company’s “relevance in AI continues to build and we have a multi-year, multi-billion-dollar campus refresh opportunity starting to ramp, with strong demand for our refreshed networking products.”
By division, Cisco said its first quarter networking revenue was up 15% with observability up 6%. Security and collaboration were down 2% and 3% from a year ago,…
