Company news: Cisco’s (CSCO) quarterly results beat analysts’ expectations

Cisco (CSCO) reported Q2 FY2025 earnings of $0.94 per share (versus $0.87 per share in Q2 FY2024), beating analysts’ consensus estimate of $0.91 per share.

The company’s quarterly revenues amounted to $13.991 bln (+9.4% y/y), beating analysts’ consensus estimate of $13.871 bln.

The company also issued guidance for Q3 FY2025, seeing EPS of $0.90-0.92 versus analysts’ consensus estimate of $0.90 and revenues of $13.90-14.10 bln versus analysts’ consensus estimate of $13.88 bln.

For full FY2025, it issued upside guidance, seeing EPS of $3.68-3.74 versus analysts’ consensus estimate of $3.66 and revenues of $56.00-56.50 bln versus analysts’ consensus estimate of $56 bln.

In addition, Cisco raised its quarterly dividend to $0.41/share from $0.40/share and increased its stock repurchase program by $15 bln.

CSCO rose to $66.58 (+6.48%) in pre-market trading.