Cisco Systems, Inc. (CSCO)
US Stocks Edge Lower; Cisco Earnings Top Views
U.S. stocks traded slightly lower this morning, with the Dow Jones index falling by 0.1% on Thursday.
Cisco: Q1, Targeting $1B AI Orders In FY 2025
Cisco's stock price has risen 21% since my 'Buy' rating in August 2024, driven by strong AI, cloud, and security market focus. Product orders grew 20% YoY, signalling the end of inventory destocking, with AI orders projected to reach $1 billion in FY25. Cisco's AI infrastructure investments and Splunk acquisition are expected to drive revenue growth, with a fair value of $65 per share.
Cisco Systems, Inc. (CSCO) Q1 2025 Earnings Call Transcript
Cisco Systems, Inc. (NASDAQ:CSCO ) Q1 2025 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Sami Badri - Head, Investor Relations Chuck Robbins - Chair & Chief Executive Officer Scott Herren - Executive Vice President & Chief Financial Officer Conference Call Participants Tal Liani - Bank of America Matt Niknam - Deutsche Bank Michael Ng - Goldman Sachs David Vogt - UBS Samik Chatterjee - JPMorgan Simon Leopold - Raymond James James Fish - Piper Sandler Meta Marshall - Morgan Stanley Ben Reitzes - Melius Research Amit Daryanani - Evercore George Notter - Jefferies Aaron Rakers - Wells Fargo Karl Ackerman - BNP Paribas Operator Welcome to Cisco's First Quarter Fiscal Year 2025 Financial Results Conference Call. At the request of Cisco, today's conference is being recorded.
Compared to Estimates, Cisco (CSCO) Q1 Earnings: A Look at Key Metrics
The headline numbers for Cisco (CSCO) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cisco Systems (CSCO) Surpasses Q1 Earnings and Revenue Estimates
Cisco Systems (CSCO) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $1.11 per share a year ago.
Cisco Lifts Its Forecast as Earnings Top Expectations, Despite Declining Revenue
Cisco Systems (CSCO) reported fiscal first-quarter earnings that exceeded analysts' expectations and raised its full-year forecast, despite declining revenues.
CFRA's Keith Snyder weighs in on Cisco's earnings
Keith Snyder, CFRA analyst, joins 'Closing Bell: Overtime' to weigh in on Cisco earnings as shares rise on its earnings beat.
Cisco Earnings: Product Orders Rebound, Revenue Outlook Above Views
Cisco reported fiscal Q1 earnings that fell from a year earlier but topped Wall Street estimates while revenue met views. The post Cisco Earnings: Product Orders Rebound, Revenue Outlook Above Views appeared first on Investor's Business Daily.
Cisco reports fourth straight quarter of declining revenue
Cisco's quarterly results surpassed expectations, and the company pushed up its full-year revenue target. Revenue dropped 5% from a year earlier, a fourth straight quarter of declines.
EARNINGS ALERT: CSCO
Cisco (CSCO) tops 1Q earnings estimates and raises FY25 guidance, but shares fluctuated in its initial post-report reaction. Kevin Green and Caroline Woods join Oliver Renick to dive into the legacy tech maker's latest earnings release.
Cisco raises fiscal 2025 revenue guidance as Q1 earnings beat expectations
Cisco Systems Inc (NASDAQ:CSCO, ETR:CIS) after Wednesday's closing bell outperformed expectations for the fiscal first quarter of 2025, guided revenue for the December quarter above Wall Street estimates and raised its full-year revenue forecast. The manufacturer of networking hardware, software and other technology products posted Q1 revenue of $13.8 billion, down 6% year-over-year but narrowly ahead of estimates of $13.76 billion.
Cisco sees product orders accelerate in the AI era
Networking company sees a 20% boost in product orders for the latest quarter.
