Cisco Systems raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid a boom in the artificial intelligence technology.
Cisco Systems Inc CSCO will be reporting its second-quarter earnings on Wednesday. Wall Street expects 91 cents in EPS and $13.87 billion in revenues as the company reports after market hours.
Cisco (CSCO) managed to pass earnings expectations for its last 10 quarters. Shares of CSCO have rallied more than 20% Y/Y as the stock price hovers near 4-year highs.
On the technical front, Cisco (CSCO) has rebounded from its Aug. 2024 lows. Rick Ducat highlights several key levels on the chart, but also significant open interest in CSCO calls and puts for its March 21 expiry.
Cisco Systems, Inc. CSCO will release its second-quarter financial results after the closing bell, on Wednesday, Feb. 12, 2025.
Reporting results for its fiscal second quarter after market hours on Wednesday, February 12, Cisco Systems (CSCO) is a tech stock to keep an eye on as the company has a significant role in the field of artificial intelligence.
Cisco Systems reports their fiscal Q2 '25 results after the closing bell on Wednesday, February 12th, 2025. Analyst consensus is looking for $0.91 in earnings per share on $13.87 billion in revenue and $4.5 billion in operating income, for expected y-o-y growth of 5%, 7% and 8% respectively. Full-year expected '25 revenue and EPS is currently forecast to be $55.99 billion and $3.66 in EPS, for expected full-year growth of -2% and +1%.
CSCO's second-quarter fiscal 2025 performance is likely to reflect improving demand in the networking domain and strong growth in the Security business.
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