Cisco beats on earnings and guidance, lifting stock

Chuck Robbins, Cisco CEO, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose about 5% in extended trading. Here's how the company did in comparison with consensus estimates from LSEG:Earnings per share: $1 adjusted vs. 98 cents expectedRevenue: $14.88 billion vs. $14.77 billion expectedRevenue increased 8% from $13.84 billion in the same period a ...