By @SiliconANGLE
Publication Date: 2025-11-12 23:37:00
Networking giant Cisco Systems Inc. delivered better-than-expected profit and revenue in its fiscal first-quarter earnings results today and offered solid guidance for the current period, demonstrating progress in its efforts to capture more artificial intelligence spending.
The encouraging results helped boost Cisco’s stock by more than 7% after-hours, adding to a gain of just over 3% during the regular trading session.
The company reported earnings before certain costs such as stock compensation of exactly $1 per share, edging past Wall Street’s target of a 98-cent-per-share profit. Revenue for the period rose 8% from a year earlier, to $14.88 billion, surpassing analysts’ consensus estimate of $14.77 billion. The beat helped to drive an increase in Cisco’s overall profit, with net income rising to $2.86 billion, up from $2.71 billion in the year-ago quarter.
Cisco Chair and Chief Executive Chuck Robbins (pictured) said the solid results suggest the company is on…
