Cisco's 'financial discipline' is 'paying off': CFO
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Cisco Systems reported better-than-expected results for its first fiscal 2025 quarter, with revenue of $13.84 billion, surpassing the estimated $13.77 billion.
November 14, 2024 | 11:30 pm
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Cisco Systems reported stronger-than-expected revenue for its first fiscal 2025 quarter, indicating effective financial discipline.
Cisco's revenue exceeded expectations, which is a positive indicator for the company's financial health and could lead to a short-term increase in stock price. The CFO's statement on financial discipline further supports investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100