Cisco Systems Inc. on Wednesday delivered a strong earnings beat for its October quarter, thanks to continuing artificial-intelligence demand for its products, as well as an upgrade cycle in its legacy business.
Shares of Cisco
CSCO jumped over 6% in after-hours trading, as the company’s outlook also topped expectations.
Cisco’s stock climbs as AI networking demand drives earnings beat
Last Updated:
First Published:
Cisco Systems Inc. on Wednesday delivered a strong earnings beat for its October quarter, thanks to continuing artificial-intelligence demand for its products, as well as an upgrade cycle in its legacy business.
Shares of Cisco
CSCO jumped over 6% in after-hours trading, as the company’s outlook also topped expectations.
Share this:
Related