BANK OF AMERICA RESETS CISCO PRICE TARGET AFTER EARNINGS
https://media.zenfs.com/en/thestreet_881/83c7df3219474df3993d6fe8613fd5dd
✍️ Cisco reports strong Q1 earnings, driven by AI and campus product strength, with revenue increasing 8% to $14.9 billion and operating income up 43% to $3.4 billion.
👉 Total revenue increased 8% to $14.9 billion year over year. 👉 Total gross margin was 65.5% compared to 65.9% in the Q1 of fiscal 2025. 👉 Operating income was $3.4 billion, up 43%, YoY. 👉 Net income increased 5% to $2.9 billion. 👉 Diluted Earnings per Share (EPS) increased 6% to $0.72.
-- #ChuckRobbins #TalLiani #LizCentoni #JeetuPatel #technology
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