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Cisco Tops Q4 Estimates as AI and Splunk Integration Drive Growth
Cisco Tops Q4 Estimates as AI and Splunk Integration Drive Growth
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BTCCSquare news:
Cisco Systems reported robust fiscal Q4 results, with revenue reaching $14.7 billion and adjusted earnings of 99 cents per share, both surpassing analyst expectations. The company's strategic pivot toward software and services gained momentum, fueled by its AI infrastructure business and the integration of Splunk.
AI-related orders surged to $800 million for the quarter, pushing total AI orders past $2 billion for fiscal 2025—more than double initial projections. Demand for Ethernet networking in AI-centric data centers underscored this growth. Despite the strong performance, Cisco's stock dipped 1.37% to $70.40 at close, with after-hours trading showing slight volatility.
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