AI Demand Fuels Cisco’s Q1, but Revenue Dip Lead to Stock Drop

AI Demand Fuels Cisco’s Q1, But Revenue Dip Lead To Stock Drop

1 week from now

3 days ago  · Cisco’s revenue: $13.84 billion vs. $13.77 billion expected. Revenue of Cisco dropped 6% from from $14.7 billion a year earlier, in the quarter ended October 26, Net …

industryleadersmagazine.com

Cisco AI Strategies Did Not Work As It Posts 6% Drop In Q1 Revenue

1 week from now

3 days ago  · Enterprise networking major Cisco said its revenue fell 6 percent to $13.8 billion during the first quarter that ended October 26, 2024. ... driven by AI demand. ... Cisco AI …

infotechlead.com

Cisco: Q1, Targeting $1B AI Orders In FY 2025 - Seeking Alpha

1 week from now

3 days ago  · Product Order Recovery With Strong AI Growth. Cisco released its Q1 FY25 result on November 13 th after the market close, reporting a 5.6% decline in revenue and 18% drop …

seekingalpha.com

Cisco’s Q1 Revenue Drops 6% Despite Strong Margins; Future …

1 week from now

3 days ago  · Cisco’s Q1 FY2025 revenue fell 6% to $13.8 billion despite strong margins, with growth in security, AI investments, and services revenue. ... “Our customers are investing in …

techobserver.in

Nasdaq 100: Cisco’s Revenue Drop Raises Questions Amid AI Push …

1 week from now

3 days ago  · Looking ahead, Cisco raised its full-year guidance, projecting revenue between $55.3 billion and $56.3 billion and adjusted earnings per share in the range of $3.60 to $3.66. …

fxempire.com

Cisco First-Quarter Sales Fall, But AI Investments Lift Outlook

1 week from now

3 days ago  · For its fiscal second quarter, Cisco forecast revenue between $13.75 billion and $13.95 billion. Photo: David Paul Morris/Bloomberg News. Cisco CSCO 0.80% Systems …

wsj.com

Cisco Q1 Earnings: Revenue Beat, EPS Beat, 'Strong Start' To Year ...

1 week from now

3 days ago  · Outlook: Cisco expects fiscal second-quarter revenue to be between $13.75 billion and $13.95 billion. The company sees second-quarter adjusted earnings in the range of 89 …

benzinga.com

Cisco To Cut 7% Of Workforce, Stock Pops As AI Spurs Order Growth

1 week from now

Aug 15, 2024  · Cisco's revenue for the period came in at $13.64 billion, down from $15.20 billion a year before but ahead of the $13.56 billion FactSet consensus. Product revenue was down …

morningstar.com

Cisco CEO: Tech Giant Anticipates $1B In AI Orders In Latest ... - CRN

1 week from now

3 days ago  · In fact, the tech giant is on track to garner $1 billion in AI orders during its fiscal 2025 year, Cisco's CEO Chuck Robbins said during the company's Q1 2025 earnings call on …

crn.com

CISCO REPORTS FIRST QUARTER EARNINGS

1 week from now

Nov 15, 2023  · News Summary: Strongest first quarter results in Cisco's history in terms of revenue and profitability with $14.7 billion in revenue, up 8% year over year; GAAP EPS …

cisco.com

Cisco Keeps Bullish Views At Wall Street After Q1 Beat Despite ...

1 week from now

3 days ago  · Cisco Systems (CSCO) stock dipped about 1% on Thursday as Q1 beat was offset by "only a slightly raised" fiscal year 2025 growth outlook and an unchanged Al …

seekingalpha.com

Cisco Reports Mixed Q1: Orders Jump 20% Despite 6% Revenue …

1 week from now

3 days ago  · Rhea-AI Summary. Cisco reported Q1 FY2025 revenue of $13.8 billion, down 6% year-over-year, with product revenue declining 9% and services revenue growing 6%. Product …

stocktitan.net

Cisco Forecasts Q2 FY25 Revenue And Profit Rise Driven By AI Demand

1 week from now

3 days ago  · For the second quarter of FY25, Cisco anticipates revenue between $13.75bn and $13.95bn, along with non-GAAP earnings of $0.89 to $0.91 per share, both slightly above …

techmonitor.ai

Cisco Forecasts Strong Revenue Growth Amid AI Push

1 week from now

Aug 27, 2024  · Cisco’s positive outlook for the AI era is reflected in its forecast for the first quarter of fiscal year 2025. The company predicts revenue between $13.65 billion and $13.85 billion, …

baselinemag.com