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Cisco Systems Fiscal Q2 Non-GAAP Net Income, Revenue Rises; Updates Fiscal 2025 Outlook
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Cisco Systems Fiscal Q2 Non-GAAP Net Income, Revenue Rises; Updates Fiscal 2025 Outlook
Feb 12, 2025 1:40 PM

04:19 PM EST, 02/12/2025 (MT Newswires) -- Cisco Systems ( CSCO ) reported fiscal Q2 non-GAAP net income late Wednesday of $0.94 per diluted share, up from $0.87 a year earlier.

Analysts polled by FactSet expected $0.91.

Revenue for the quarter ended Jan. 25 was $13.99 billion, compared with $12.79 billion a year earlier.

Analysts expected $13.87 billion.

For Q3, the networking equipment company is projecting non-GAAP EPS of $0.90 to $0.92 on revenue of $13.9 billion to $14.1 billion. Analysts are looking for $0.90 and $13.88 billion, respectively.

For fiscal 2025, the company raised its outlook to non-GAAP EPS of $3.68 to $3.74 on revenue of $56 billion to $56.5 billion. The company previously expected non-GAAP EPS of $3.60 to $3.66 on revenue of $55.3 billion to $56.3 billion.

Analysts are looking for $3.66 and $56 billion, respectively.

Shares of the company were up 5.8% in recent after-hours activity.

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