A post by @FirstSquawk on X.
CISCO SEES Q2 ADJUSTED EPS $1.34 TO $1.36 AND Q2 REVENUE $18.0 BLN TO $18.2 BLN, BOTH ABOVE ESTIMATES, AND RAISES ITS FY ADJUSTED EPS GUIDANCE TO $5.47 TO $5.53 FROM $5.05 TO $5.11
@FirstSquawk on X
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Cisco guided second-quarter adjusted EPS to $1.34–$1.36 and revenue to $18.0–18.2 billion, both above analyst estimates, and raised its full-year adjusted EPS outlook to $5.47–$5.53 from $5.05–$5.11. The networking equipment maker's stronger-than-expected forecast signals resilient demand for its hardware and networking products. The magnitude of the full-year guidance increase—roughly $0.42 at the midpoint—suggests management sees sustained momentum rather than a one-quarter beat. Investors will watch whether the improved outlook translates into actual order growth and margin expansion when Cisco reports results.
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