Cisco Systems, Inc.
Cisco Reports Strong Q2 FY 2025 Earnings, Beating EPS Guidance
Summary
Cisco Systems, Inc. reported Q2 FY 2025 results on February 12, 2025, with revenue of $14.0 billion, above the high end of their guidance range. Non-GAAP EPS was $0.94, up 8% year-over-year, beating the guidance of $0.90 to $0.92. Additionally, Cisco announced a 3% increase in its quarterly dividend to $0.41 per share and increased its stock repurchase authorization by $15 billion. The full report and reconciliations are available in the furnished Exhibit 99.1.
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Exhibits (1)
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About Cisco Systems, Inc.
Cisco Systems, Inc. is a global leader in networking and IT. The company's core business is to design and sell a range of technologies that power the internet. Cisco is renowned for its routers, switches, cybersecurity solutions, and wireless systems, which serve as the backbone for digital communication networks worldwide. The company's products and solutions are crucial for the seamless operation of data centers, enterprise networks, and telecommunication infrastructures. Cisco Systems, Inc. plays a pivotal role in connecting businesses, governments, and individuals across multiple sectors, fostering the growth of cloud computing, IoT (Internet of Things), and remote work capabilities. With a focus on innovation and sustainability, Cisco continuously develops new technologies to enhance network performance and security. Based in San Jose, California, and founded in 1984, Cisco is a respected pioneer in its field, significantly contributing to the digital transformation initiatives of organizations globally. Its expansive reach and comprehensive portfolio make it a fundamental entity in shaping how we connect and communicate.
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