Community gear maker Cisco Techniques Inc. (NASDAQ: CSCO) reported a year-over-year lower in income and earnings for the primary quarter of 2025. Earnings topped expectations.
The San Jose-headquartered tech agency posted adjusted earnings of $0.91 per share for the October quarter, in comparison with $1.11 per share in the identical interval of 2024. Earnings got here in above estimates.
Unadjusted internet revenue was $2.7 billion or $0.68 per share in Q1, in comparison with final yr’s revenue of $3.6 billion or $0.89 per share. At $13.8 billion, first-quarter revenues had been down 6% year-over-year.
“Our prospects are investing in vital infrastructure to arrange for AI, and with the breadth of our portfolio, we’re uniquely positioned to capitalize on this chance,” mentioned Cisco’s CEO Chuck Robbins.
