Cisco (CSCO) Q1 revenue $18.5 billion vs $18.5 billion est.; adj. EPS $1.40 vs $1.35 est.
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Cisco reported first-quarter revenue of $18.5 billion, up 24% year over year and in line with analyst estimates, alongside adjusted earnings per share of $1.40 that beat the $1.35 consensus. GAAP EPS reached a record $1.14, up 58% year over year, while non-GAAP EPS rose 40%. The results mark the company's strongest revenue quarter on record, with both top and bottom lines showing sharp acceleration. Investors will watch whether the momentum carries into guidance for the current quarter and how much of the growth reflects durable demand versus one-time factors.
Muhabbit's AI wrote this summary in its own words from PR Newswire's report. It can get details wrong, so check the source.
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