Cisco reports earnings and revenue beat, issues better-than-expected forecast
1. Cisco's Q2 revenue rose 11% to $14.15 billion, exceeding estimates. 2. Earnings per share of 96 cents beat expectations of 92 cents. 3. Cisco's guidance for FY2025 exceeds analysts' predictions on EPS and revenue. 4. AI infrastructure orders reached $1.25 billion, showcasing growth in technology investments. 5. Security product revenue grew 54%, but missed consensus predictions slightly.