Cisco’s Earnings Beat Expectations. Its Guidance Was Upbeat. - Barron's
1. Cisco beat earnings and revenue expectations with $14 billion in Q2. 2. Customer demand growth is driven by increasing AI technology adoption. 3. Revenue guidance for FY increased to $56-$56.5 billion despite economic concerns. 4. Dividend raised to 41 cents, indicating strong future cash flow confidence. 5. Stock rose 6.3% post-earnings, reflecting investor optimism.