Cisco Systems(CSCO) - 2025 Q1 - Quarterly Results
Cisco Systems(CSCO)2024-11-13 21:14
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 ...