Later, on the earnings call, Robbins said Herren will retire in July, and Cisco’s chief strategy officer, Mark Patterson, will replace him as CFO. Cisco said its AI-infrastructu

This would signify a 5% year-over-year rise in adjusted earnings and an 11% increase in sales compared to the previous year’s figures of 88 cents per share and $12.7

Cisco Chief Executive Chuck Robbins (pictured) hailed the company’s “strong” quarterly results, saying it was benefiting from “clear demand” for its technologies. “The momentum we are seeing with AI is fueled by the power of our secure networking portfolio, our trusted global partnerships and the value we bring to our customers,” he said.