Cisco Systems Boosts Fiscal Year Outlook as 1Q Profit, Revenue Rise

By Kelly Cloonan

Cisco Systems raised its fiscal year outlook after profit and revenue increased in its latest quarter, driven by demand for its artificial intelligence products.

The networking-equipment company said Wednesday it now expects revenue of $60.2 billion to $61 billion for the fiscal year, up from a prior range of $59 billion to $60 billion.

Cisco now forecasts fiscal-year adjusted earnings per share of $4.08 to $4.14, up from $4 to $4.06 previously.

Chief Executive Chuck Robbins said the company is on track for its strongest year yet after a solid start to the fiscal year due to strong artificial intelligence-driven demand.

"The widespread demand for our technologies highlights the critical role of secure networking and the value of our portfolio as customers move quickly to unlock the potential of AI," Robbins said.

For the fiscal first quarter, the company posted a profit of $2.86 billion, or 72 cents a share, compared with $2.71 billion, or 68 cents a share, a year earlier.

Adjusted earnings per share were $1, ahead of estimates of 98 cents a share according to analysts polled by FactSet.

Revenue rose 8% to $14.88 billion. Analysts expected $14.78 billion.

Product revenue jumped 10%, to $11.1 billion, while services revenue rose 2%, to $3.81 billion.

Cisco also guided for fiscal second-quarter revenue between $15 billion to $15.2 billion and adjusted earnings of $1.01 to $1.03 a share. Analysts forecast revenue of $14.62 billion and adjusted earnings of 98 cents a share.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

November 12, 2025 16:34 ET (21:34 GMT)