Cisco Reports Fiscal Q2 Revenue of About $18.1 Billion, Raises Annual Guidance
Cisco said fiscal second-quarter revenue was approximately $18.1 billion, exceeding market forecasts. Strong demand for networking infrastructure supporting AI applications helped drive the company to raise its full-year financial outlook.
Cisco Systems, Inc. announced fiscal second-quarter revenue of approximately $18.1 billion, exceeding market forecasts. Driven by strong demand for networking infrastructure in data centers and facilities supporting artificial intelligence applications, the company raised its full-year financial outlook. This performance reflects the company's ongoing expansion of its AI-related networking portfolio amidst competitive pressures in the technology sector.