Cisco Systems posts Q2 revenue, profit beat. Stock is rising.
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Cisco Systems (CSCO) beat Wall Street expectations in its fiscal second quarter earnings report released Wednesday afternoon. The company reported revenue of $13.99 billion, surpassing analyst estimates of $13.87 billion. Adjusted earnings came in at $0.94 per share, exceeding the expected $0.91 per share.
Market Domination Overtime anchors Julie Hyman and Josh Lipton analyze the software giant's performance, examining how artificial intelligence is contributing to the strong results.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Angel Smith
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