Cisco raises full-year revenue forecast

Quick Summary:

Cisco Systems raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid a boom in the artificial intelligence technology.

The company expects its revenue to be between $56 billion and $56.5 billion for fiscal 2025, compared with its prior forecast of $55.

Analysts, on average, expect $55.99 billion, according to data compiled by LSEG.

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Category: EconomyBusiness

Markets: SingaporeSwitzerland

Topics: Sits Annual Mediacorp 2025 Billion Forecast Revenue Cisco Experience Logo

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Article Type: News Report

Published On: 2025-02-13 @ 05:10:17 (5 hours ago)

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News Source URL: channelnewsasia.com

Language: English

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