By Ari Levy
Publication Date: 2025-11-12 21:13:00
Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.
Gerry Miller | CNBC
Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose more than 7% in extended trading.
Here’s how the company did in comparison with consensus estimates from LSEG:
- Earnings per share: $1 adjusted vs. 98 cents expected
- Revenue: $14.88 billion vs. $14.77 billion expected
Revenue increased 8% from $13.84 billion in the same period a year earlier, Cisco said in a statement. Net income climbed to $2.86 billion, or 72 cents per share, from $2.71 billion, or 68 cents per share, a year ago.
It’s the fourth straight quarter of growth for Cisco following a stretch of four consecutive year-over-year revenue declines, as the company contended with economic uncertainty and delayed spending from government agencies.
Cisco’s networking business, its biggest unit, saw sales climb 15% to $7.77…
