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Cisco Reports 2nd Consecutive Revenue Growth as AI, Global Partnerships Boost Demand

The gains are part of a significant turnaround in the company’s revenue performance after four straight quarters of declines.
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Cisco Reports 2nd Consecutive Revenue Growth as AI, Global Partnerships Boost Demand
The logo of U.S. networks giant Cisco Systems in front of their headquarters in Issy-les-Moulineaux near Paris on Aug. 6, 2022. Sarah Meyssonnier/Reuters
Panos Mourdoukoutas
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Cisco Systems’ revenue turnaround continued for a second consecutive quarter, as artificial intelligence and global partnerships boosted demand for its technology products. The company’s shares rallied in after-hours trading.

After the closing bell on May 14, the San Jose, California-based network products pioneer reported revenues of $14.1 billion for the third quarter of its fiscal year 2025, ending on April 26.
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”