Q1 Fiscal Year 2025 Conference Call November 13, 2024 Forward-Looking Statements This presentation contains projections and other forward-looking statements regarding future events or the future financial performance of Cisco, including future operating results. These projections and statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements. Please see Cisco's filings with the SEC, including its most recent filing on For ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.60%. A quarter ago, it was expected that this seller of routers, switches, software and services would post earnings of $0.85 per share when it actually produced earnings of $0.87, delivering a surprise of 2.35%.Ov ...

Cisco Systems (CSCO) reported fiscal first-quarter earnings that exceeded analysts’ expectations and raised its full-year forecast, despite declining revenues. The networking-equipment provider reported first-quarter net income of $2.7 billion or 68 cents per share, down from $3.6 billion or 89 cents per share a year earlier but above analysts' projections. Cisco delivered revenue of $13.8 billion, down 6% year-over-year and roughly in line with the analyst consensus compiled by Visible Alpha. For the seco ...

Cisco CEO Chuck Robbins speaks at The Wall Street Journal's Future of Everything Festival in New York on May 21, 2024.Cisco reported a fourth straight quarter of declining revenue even as results topped analysts' estimates. The stock slipped about 1% in extended trading.Here's how the company did in comparison with LSEG consensus:Earnings per share: 91 cents adjusted vs. 87 cents expectedRevenue: $13.84 billion vs. $13.77 billion expectedCisco's revenue dropped 6% in the quarter ended Oct. 26, from $14.7 bi ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Exhibit 99.1 Press Contact: Investor Relations Contact: Robyn Blum Sami Badri Cisco Cisco 1 (408) 930-8548 1 (469) 420-4834 rojenkin@cisco.com sambadri@cisco.com News Summary: • Broad-based acceleration in product orders reflecting normalizing demand • Product orders up 20% year over year; up 9% year over year excluding Splunk • Revenue of $13.8 billion in Q1, at the high end of our guidance range • Strong profitability: • GAAP gross margin of 65.9% and non-GAAP gross margin of 69.3%, above our guidance ran ...

Core Viewpoint - Cisco reported a strong start to fiscal 2025 with a 20% year-over-year increase in product orders, reflecting normalizing demand, despite a 6% decline in total revenue compared to the previous year [1][4]. Financial Performance - **Q1 FY 2025 Results**: - Revenue: $13.8 billion, down 6% year-over-year [2][4]. - GAAP EPS: $0.68, a decrease of 24% year-over-year; Non-GAAP EPS: $0.91, down 18% year-over-year [2][5]. - Gross margin: GAAP gross margin at 65.9%, non-GAAP gross margin at 69.3%, both above guidance [1][4]. - **Revenue Breakdown**: - Product revenue decreased by 9%, while services revenue increased by 6% [4]. - Geographic revenue performance: Americas down 9%, EMEA down 2%, APJC up 1% [4][11]. - **Operating Income**: - GAAP operating income was $2.4 billion, down 45%, with a GAAP operating margin of 17.0% [4][5]. - Non-GAAP operating income was $4.7 billion, down 12%, with a non-GAAP operating margin of 34.1% [4]. Guidance - **Q2 FY 2025 Guidance**: - Expected revenue between $13.75 billion and $13.95 billion [6]. - GAAP EPS forecasted between $0.51 and $0.56; Non-GAAP EPS between $0.89 and $0.91 [6]. - **FY 2025 Guidance**: - Projected revenue between $55.3 billion and $56.3 billion [7]. - GAAP EPS expected between $2.26 and $2.38; Non-GAAP EPS between $3.60 and $3.66 [7]. Cash Flow and Capital Allocation - Cash flow from operating activities was $3.7 billion, an increase of 54% year-over-year [5]. - The company returned $3.6 billion to stockholders through share buybacks and dividends in Q1 FY 2025 [5]. Acquisitions - Cisco completed acquisitions of DeepFactor, Inc. and Robust Intelligence, Inc. in Q1 FY 2025, enhancing its capabilities in cloud-native application security and AI security solutions [6].

Cisco Systems is scheduled to report earnings after Wednesday’s close. In 2000, the stock hit a record high near $82/share and is currently trading near $60/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:Signage with logo at the Silicon Valley headquarters of networking company Cisco, San Jose, ... [+] California, Au ...

CoreWeave, a startup that rents out Nvidia's artificial intelligence chips to other companies, said Wednesday that it closed a $650 million secondary share sale, with Cisco and Pure Storage investing alongside financial institutions.In the transaction, CoreWeave's existing stakeholders are selling shares to outside investors. Bloomberg reported last month that CoreWeave was targeting a $23 billion valuation for the deal, up from $19 billion in a $1.1 billion investment round announced in May.CoreWeave is go ...

News Summary: LTIMindtree will leverage Cisco Secure Access as its new security service edge (SSE) solution to protect its 80,000 hybrid workers with secure internet access, advanced zero trust network access and embedded AI. Extending its networking partnership with Cisco, LTIMindtree now offers next-generation SSE to its global clients via Cisco Secure Access. Clients can work jointly with both companies to adopt a broad set of cloud security functions in a single, easy-to-use dashboard with Cisco Secure ...