Xin Lang Cai Jing·2025-08-14 01:28Group 1 - Cisco's Q4 FY2025 performance exceeded market expectations, with revenue growing 8% year-over-year to $14.67 billion and adjusted EPS increasing 14% to $0.99, indicating strong performance amid competitive pressures [1] - The networking business remains a significant revenue driver, with double-digit growth in networking product orders, reflecting robust demand in areas such as network infrastructure, switching equipment, enterprise routing systems, industrial IoT, and servers [1] - Cisco's AI business generated approximately $1 billion in revenue for FY2025, highlighting the rapid growth potential in the AI sector, although competition is intensifying from companies like Broadcom and HPE [1] Group 2 - For FY2026, Cisco's guidance shows cautious optimism, with adjusted EPS expected between $4.00 and $4.06, aligning closely with analyst expectations of $4.03, and projected annual revenue between $59 billion and $60 billion, slightly above the consensus of $59.49 billion [2] - CEO Chuck Robbins emphasized the company's strategy to better meet federal enterprise needs and plans to mitigate risks through acquisitions, such as the $28 billion acquisition of Splunk in 2024 to enhance capabilities in security and monitoring software [2] - Cisco is actively expanding into international markets, partnering with companies in Saudi Arabia and the UAE to capitalize on sovereign AI opportunities, with plans to strengthen these collaborations in the second half of FY2026 [3]