Cisco Systems reported its third-quarter earnings for fiscal year 2025, surpassing market expectations with revenue of $14.15 billion, up 11% year-over-year, and non-GAAP earnings per share of $0.96, a 9% increase compared to the previous year. The company’s operating cash flow rose 2% to $4.1 billion. Cisco's strong performance was driven by increased demand for AI infrastructure and security solutions, as well as robust results from its partnership with Splunk. The earnings report and positive sales forecast, buoyed by AI momentum, led to a rise in Cisco’s stock price. Analysts noted that Cisco is becoming a serious competitor to Nvidia in the AI data center market.
ICYMI - .@Cisco beats expectations and its stock rises on growing #AI momentum https://t.co/fAIa5tE0xR @SiliconANGLE @Mike_Wheatley “It’s good for the market to see Cisco providing some serious competition to Nvidia in the AI data center...” #Earnings https://t.co/sSmjJHiki8
.@Cisco beats expectations and its stock rises on growing #AI momentum https://t.co/xVC5xANqD3 @SiliconANGLE @Mike_Wheatley “It’s good for the market to see Cisco providing some serious competition to Nvidia in the AI data center...” - @holgermu https://t.co/TxeSEd8J9X
.@Cisco delivers strong Q3 amid AI infrastructure, security traction https://t.co/X0d1JMuTT5 Cisco reported better-than-expected third quarter earnings as the company saw a surge in AI infrastructure demand and strong results from @Splunk. #Earnings https://t.co/IoXRRdhbrL