The 5G concept includes major US-listed companies in the fifth-generation telecommunication technology industry chain.
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Cisco Systems, Inc. (CSCO) Q1 2025 Earnings Call Transcript Summary
Cisco's revenue in the last quarter decreased by 6%, but still exceeded expectations. The revised full-year guidance is slightly worse, and after rising nearly 5% in after-hours trading, it turned downward | Earnings report insights.
In the first quarter of fiscal year 2025, cisco's revenue decreased by 6% year-on-year, continuing to fall for four consecutive quarters but still higher than analysts' expectations, with revenue from its largest business network dropping by 23% more than expected; cisco's full-year revenue guidance range has been slightly raised, with the midpoint of the range below analysts' expectations; overall product orders for the quarter increased by 20%, excluding the acquisition of Splunk completed in March, orders grew by 9%, and orders for AI infrastructure from major customers in the quarter amounted to 0.3 billion dollars, the CEO expressed confidence that AI orders for the full fiscal year will exceed the target of 1 billion dollars. The stock price briefly dropped 3% after hours.
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Steve Jay : If I say yes, will you come in?