Cisco Systems (CSCO) Update / Briefing June 12, 2025 11:00 AM ET Speaker0 it like never before. You've all heard the AI hype. Now you want AI's help. That's exactly what we'll give you. Cisco, making AI work for Speaker1 you. Where Speaker2 will you be in five years? Where will we be in five years? In '25? In '50? Let's be here and here with her and him and they. Let's connect them. Let's connect everyone. Let's deliver technology that gives them access to power opportunity. Let's set a new standard for dat ...

Key Takeaways CSCO's AI infrastructure momentum is led by webscale clients, topping $1B in orders year to date. Cisco's AI Defense and NVIDIA partnership aim to protect AI models and centralize risk governance. HPE and ANET are rapidly gaining ground with AI server sales, agile platforms and enterprise demand.Cisco Systems (CSCO) is gaining momentum in AI infrastructure, with third-quarter fiscal 2025 AI infrastructure orders surpassing $600 million amid strong traction from webscale clients. Year to date ...

Summary of Cisco Systems (CSCO) 2025 Conference Call Company Overview - **Company**: Cisco Systems (CSCO) - **Date of Conference**: June 04, 2025 Key Points Current Business Environment - Cisco has not observed significant changes in customer behavior despite economic uncertainties, indicating a "business as usual" approach from clients [9][10] - The company reported a **20% growth in product bookings**, with a **9% growth** excluding Splunk, suggesting strong demand [10] CFO Transition and Strategic Focus - The new CFO emphasizes prioritization and funding innovation to capture growth opportunities [5][6] - Listening to investors, analysts, and customers is a key focus for the new leadership [6][7] Networking Business Outlook - Cisco's networking segment is experiencing a resurgence, with significant opportunities in web scale and AI enterprise adoption [18][19] - The networking cycle is expected to be multi-year, driven by increased demand for AI infrastructure and data sovereignty [22][20] - The importance of networking in AI success is highlighted, with security integration becoming crucial [26][27] Cloud and Enterprise Growth - Cisco exceeded its target of **$1 billion in AI web scale orders** a quarter early, with **$600 million** in Q3 alone [29] - There are still untapped opportunities in sovereign web and neoclass markets, particularly in the Middle East [31] - The enterprise segment is expected to grow as companies seek to leverage AI capabilities, with a multi-year build-out anticipated [41][42] Security Portfolio Performance - Cisco's security portfolio has been refreshed, with new products showing strong growth, although overall growth remains below expectations [53][54] - The company has a significant amount of **$4.041 billion** in remaining performance obligations (RPO) in security, indicating future revenue potential [55] - The integration of security into the network fabric is seen as a key future growth driver [62][63] Financial Performance and Margins - Gross margins are impacted by tariffs, but the company has a flexible supply chain to mitigate risks [66][68] - The growth of high-margin products like Splunk is expected to positively influence overall gross margins [69] Future Outlook - Cisco anticipates continued operational discipline and prioritization of investments to drive growth [72][73] - The company is focused on leveraging its resources effectively to adapt to market needs while maintaining financial discipline [73] Additional Insights - The return to office trends and AI advancements are expected to drive growth in the campus networking segment [47][48] - Security concerns related to outdated devices and geopolitical factors are influencing customer decisions [49][50] This summary encapsulates the key insights and strategic directions discussed during the Cisco Systems conference call, highlighting the company's focus on innovation, market opportunities, and financial discipline.

Cisco Systems (CSCO) Q3 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Sami Badri - Head of Investor Relations & Strategic FinanceChuck Robbins - Chair and CEOScott Herren - EVP & CFOJoseph Cardoso - Vice President, Equity ResearchAmit Daryanani - Senior Managing Director - Equity ResearchSimon Leopold - Managing DirectorAndrew Spinola - DirectorKarl Ackerman - Managing Director - Equity ResearchAdrienne Colby - Assistant Vice President Conference Call Participants Meta Marshall - AnalystT ...

News Summary: SAN FRANCISCO, April 28, 2025 /PRNewswire/ -- RSA CONFERENCE 2025 -- Cisco (NASDAQ: CSCO) today made several transformative innovation and partnership announcements that will help security professionals secure and harness the power of AI. An increasingly sophisticated threat landscape combined with an expanding talent shortage means the need has never been greater for machine scale security and response. According to Cisco's upcoming 2025 Cybersecurity Readiness Index, companies worldwide unde ...

"Customers are searching for simplified solutions that not only address the complexity of the technology but also offer simplified workflows that will make innovation actionable," said Scott Crawford, Research Director for Information Security with S&P Global Market Intelligence 451 Research. "Respondents to a recent 451 Research survey of security practitioners1 indicated on average that they spend 36% of their budget with a single vendor, which reflects this desire to reduce complexity in their tools and ...