Cisco said revenue for fiscal 2025 Q1 (quarter ended October 26, 2024) was $13.8 billion, down 6% year over year, and GAAP net income was $2.7 billion (diluted EPS of $0.68).

1. 01

   Cisco said revenue for fiscal 2025 Q1 (quarter ended October 26, 2024) was $13.8 billion, down 6% year over year, and GAAP net income was $2.7 billion (diluted EPS of $0.68).

2. 02

   The company said its GAAP results for Q1 included a $720 million tax benefit from a U.S. Tax Court decision on the U.S. taxation of deemed foreign dividends, and that non-GAAP net income was $3.7 billion (EPS of $0.91), down 19% year over year.

3. 03

   Cisco said product revenue fell 9% in Q1 while services revenue rose 6%. By product group, Security rose 100% and Observability rose 36%, while Networking fell 23%.

4. 04

   Cisco said operating cash flow for Q1 was $3.7 billion, up 54%, and that it returned a total of $3.6 billion to stockholders through dividends of $1.6 billion and share buybacks of $2.0 billion.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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