Cisco Earnings, Revenue Top Estimates On AI Data Center Growth
Detailed summary
Cisco stock advanced amid fiscal Q1 earnings and revenue that topped estimates on strong artificial intelligence-related data center growth. The post Cisco Earnings, Revenue Top…
Cisco Systems (CSCO) on Thursday reported fiscal first-quarter earnings and revenue that topped estimates amid strong artificial intelligence-related data center growth. Cisco stock advanced as guidance came in above expectations. Cisco, a computer networking gear maker, released earnings after the market close. For the period that ended Oct. 24, Cisco earnings rose 40% to $1.40 per share on an adjusted…
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