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Cisco forecasts higher-than-expected quarterly revenue on increased demand
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Cisco forecasts higher-than-expected quarterly revenue on increased demand
Aug 13, 2025 1:41 PM

Aug 13 (Reuters) - Cisco Systems ( CSCO ) forecast

first-quarter revenue above Wall Street estimates on Wednesday,

as the artificial intelligence boom boosted demand for its

networking equipment from cloud customers.

Enterprises such as Cisco ( CSCO ) have been benefiting as more

businesses move workloads to cloud environments and modernize

campus footprints to prepare for AI technologies.

"The AI infrastructure orders we received from webscale

customers in fiscal 2025 were more than double our original

target, indicating a massive opportunity ahead as we lead the

required architectural shift and build the critical

infrastructure needed for the AI era," CEO Chuck Robbins said.

The company expects its revenue to be between $14.65 billion

and $14.85 billion during the first quarter, compared with

analysts' average estimate of $14.62 billion, according to data

compiled by LSEG.

Its revenue for the fourth quarter ended July 26 came in at

$14.67 billion, compared with estimates of $14.62 billion.

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