Categories AlphaGraphs, Earnings, Technology
CSCO Earnings: Cisco Systems Q1 profit drops, but beats estimates
Network gear maker Cisco Systems Inc. (NASDAQ: CSCO) reported a year-over-year decrease in revenue and earnings for the first quarter of 2025. Earnings topped expectations.
The San Jose-headquartered tech firm posted adjusted earnings of $0.91 per share for the October quarter, compared to $1.11 per share in the same period of 2024. Earnings came in above estimates.
Unadjusted net income was $2.7 billion or $0.68 per share in Q1, compared to last year’s profit of $3.6 billion or $0.89 per share. At $13.8 billion, first-quarter revenues were down 6% year-over-year.
“Our customers are investing in critical infrastructure to prepare for AI, and with the breadth of our portfolio, we are uniquely positioned to capitalize on this opportunity,” said Cisco’s CEO Chuck Robbins.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on