By Vicky McKeever
Publication Date: 2025-11-13 10:13:00
Shares in Cisco (CSCO) jumped 7% in pre-market trading on Thursday, after the digital communications technology company topped expectations in its fiscal first quarter.
Cisco (CSCO) posted first-quarter revenue of $14.88bn (£11.31bn), which was ahead of estimates of $14.77bn. Adjusted earnings per share (EPS) of $1 also beat wall street expectations of $0.98.
The company said that product orders were up 13% year-on-year, with double-digit growth in networking product orders for the fifth quarter in a row. AI infrastructure orders from hyperscaler customers totalled $1.3bn, which Cisco (CSCO) said reflected “significant acceleration” in growth.
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Cisco (CSCO) CEO Chuck Robbins said that the company is on track to deliver its strongest year yet.
“The widespread demand for our technologies highlights the critical role of secure networking and the value of our portfolio as…