A post by @FirstSquawk on X.
CISCO Q1 ADJUSTED EPS $1.40, ABOVE ESTIMATE OF $1.32, WITH REVENUE $18.50 BLN, ABOVE ESTIMATE OF $18.13 BLN, AND PRODUCT REVENUE $14.67 BLN ABOVE ESTIMATE
@FirstSquawk on X
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Cisco reported first-quarter adjusted EPS of $1.40 and revenue of $18.50 billion, both above analyst estimates of $1.32 and $18.13 billion, respectively. Product revenue reached $14.67 billion, also exceeding expectations. The beat spans both earnings and sales, with product revenue topping forecasts alongside the headline figures. The results matter as a signal of enterprise hardware demand and Cisco's execution against consensus. What to watch next is how the beat shapes forward guidance and whether product revenue strength persists.
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