Cisco reports earnings and revenue beat, issues better-than-expected forecast

Cisco Chairman and CEO Chuck Robbins speaks at a keynote address at the Cisco Live! conference in Las Vegas on June 7, 2023.Cisco reported earnings and revenue that topped analysts' estimates on Wednesday and issued guidance that also exceeded Wall Street's prediction.Here's how the company did in comparison with LSEG consensus:Earnings per share: 96 cents adjusted vs. 92 cents expectedRevenue: $14.15 billion vs. $14.08 billion expectedRevenue increased 11% during the quarter, which ended on April 26, from ...