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Cisco Systems Inc (CSCO) reports a 12% revenue increase driven by strong AI demand, despite challenges in services revenue and gross margin.
Cisco Systems (NASDAQ:CSCO) reported record fiscal third-quarter revenue and raised its expectations for artificial intelligence infrastructure orders, as executives said demand accelerated across hyperscale, enterprise and public-sector customers. Chair and CEO Chuck Robbins said Cisco delivered “
The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs.
Cisco Systems (NASDAQ:CSCO) reported third-quarter financial results on Wednesday. The transcript from the company's third-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. View the webcast at https://events.q4inc.com/attendee/657245031 Watch the full earnings call below: Summary Cisco Systems reported record Q3 revenue of $15.8 billion, up
16% That’s how much Cisco Systems’ shares were up recently in after-hours trading following the company’s Wednesday announcement that it was cutting jobs as part of shift toward high-growth parts of its business, including artificial-intelligence infrastructure.
Cisco Systems' (CSCO) fiscal third-quarter results exceeded Wall Street's estimates, while the netwo
Cisco Systems, Inc. will release earnings for its third quarter after the closing bell on Wednesday, May 13. Analysts expect the company to report quarterly earnings of $1.04 per share, up from 96 cents per share in the year-ago period....
June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.
U. S. stock index futures traded near unchanged levels on Wednesday as investors monitored President Donald Trump’s upcoming trip to China and prepared for another round of corporate earnings and economic developments.
After Tuesday’s inflation report, focus turns to President Trump’s long-awaited visit to China, with the Iran war and tariffs likely to be central topics. Meanwhile, the OpenAI-Elon Musk trial continues in California and earnings are expected from companies including Cisco Systems.
Options traders believe Cisco stock will extend gains after Q3 earnings on May 13. Freedom Capital’s Jay Woods also remains bullish on CSCO shares heading into the earnings print.
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 13, including President Trump's meeting with Chinese President Xi, Alibaba (BABA) and Cisco (CSCO) earnings, April's Producer Price Index (PPI) data, and commentary from Federal Reserve officials.
Cisco is due to release its quarterly results after Wednesday's closing bell, and traders are pricing in a big move for the stock by the end of the week.
(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,
More than a dozen top U.S. business leaders will travel to China for President Trump’s visit this week with Chinese President Xi Jinping, representing various American industries from finance to manufacturing.
Elon Musk, Apple's Tim Cook, GE Aerospace's Larry Culp and Boeing's Kelly Ortberg will join U.S. President Donald Trump on his visit to China this week, a White House official told Reuters. Others taking part include Meta's Dina Powell McCormick, Blackrock's Larry Fink, Blackstone's Stephen Schwarzman, Cisco's Chuck Robbins, Micron's Sanjay Mehrota, Mastercard'ss Michael Miebach, Qualcomm's Christiano Amon and Visa's Ryan McInerney, the official said.
US markets head into the new week with inflation data, AI enthusiasm, and a fresh batch of corporate earnings all competing for investors’ attention after major indexes recently pushed back toward record highs. The biggest event on the calendar will arrive Tuesday with the April Consumer...
US equity investors will look out for consumer price inflation as hopes diminish for a return to Ira
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The major indexes stretched their winning streak to six weeks, the longest since October 2024. This week nine S&P 500 companies report results, including Constellation Energy on Monday, Cisco Systems on Wednesday, and Applied Materials on Thursday. The highlight of the economic calendar is the consumer price index, released by the Bureau of Labor Statistics on Tuesday.
Cisco stock is holding near highs after a successful transformation from legacy networking hardware firm to an AI infrastructure player.
Stock Market Today: The Dow Jones index rose Friday ahead of the April jobs report. Coinbase and Cloudflare dived on earnings.
