Companies

Cisco Reports 4th Consecutive Revenue Decline, Looks to AI for Growth Revival

Cisco Reports 4th Consecutive Revenue Decline, Looks to AI for Growth Revival
Cisco Systems' headquarters in San Jose, Calif., on Aug. 10, 2011. Justin Sullivan/Getty Images
Panos Mourdoukoutas
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Cisco Systems is well positioned to capitalize on the opportunity in artificial intelligence (AI) to revive sales growth.

That’s according to Cisco chair and CEO Chuck Robbins’s comments in a statement following the release of the company’s first-quarter results for fiscal 2025.
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.”