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Cisco beats earnings expectations
Cisco raises annual revenue forecast as AI spurs networking tools demand
Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products.Companies have ramped up investments in AI technologies which require heavy computing power,
Cisco beats earnings expectations as AI spurs networking gear demand
which use
Cisco
's
products
such as ethernet switches and routers. However, the California-based company has been trying to reduce reliance on its massive
networking
equipment business, which has suffered in recent years from supply chain issues and a post ...
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Cisco
posted first-quarter revenue of $13.8 billion, down 6% from a year before, as overall product revenue fell but services revenue increased. Within
products
,
networking
revenue fell 23% but security revenue doubled.
Cisco
's overall revenue performance ...
14h
on MSN
Cisco raises annual revenue forecast
Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment ...
The Motley Fool
11h
Cisco Systems: Security Revenue Doubles
Cisco
Systems, a giant in the technology field, focuses on
networking
equipment and cybersecurity services ... primarily ...
17h
Earnings Preview: What To Expect From Cisco Systems
Cisco Systems is scheduled to report earnings after Wednesday’s close. Here's a closer look at what Wall Street Expects.
CRN
1d
Cisco Unveils Wi-Fi 7 Technology; Unified Subscription To Support Cloud And Premises-Based Network Management
Cisco Systems introduced its first set of Wi-Fi 7 access points and a unified Cisco Networking Subscription for both Meraki ...
14h
JPMorgan Upgrades Cisco Systems, Inc. (CSCO) to ‘Overweight’ with $66 Price Target, Citing Strong Enterprise Networking Demand
We recently compiled a list of the 15 AI News That Should Not Be Ignored. In this article, we are going to take a look at ...
1d
Cisco unveils Wi-Fi 7 solutions, bringing AI-native and self-configuring capabilities
Also, the new APs are powered by Cisco ThousandEyes digital assurance solutions that use AI and automation to “identify and ...
CRN
12h
Cisco CEO: Tech Giant Anticipates $1B in AI Orders In Latest Fiscal Year
Cisco
’s
networking
segment includes the core switching and routing businesses, as well as the company’s ...
Business Insider
4h
Cisco Reports Strong Start to Fiscal 2025
Cisco
Systems, Inc., a global leader in technology and
networking
solutions ... with notable growth in security and observability
products
. Looking ahead,
Cisco
provided Q2 guidance with ...
Businessworld
7h
Cisco’s Q1 Earnings Boosted By AI Demand
Cisco Systems exceeded Wall Street expectations in its first-quarter earnings report, driven by a growth in demand for its ...
2d
on MSN
Cisco combines Meraki and Catalyst into single wireless brand
Cisco has also changed the licenses for its Wi-Fi kit so that hardware buyers get a single agreement for hardware and ...
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