Cisco Shares Are Dropping Today: What's Going On?
Cisco Shares Are Dropping Today: What's Going On?
Looking ahead, Cisco anticipates fiscal second-quarter revenue between $13.75 billion and $13.95 billion, and adjusted earnings per share in the range of 89 cents to 91 cents. The company projects full-year 2025 revenue between $55.3 billion and $56.3 billion, and full-year adjusted earnings between $3.60 and $3.66 per share.Cisco Systems, Inc. (NASDAQ:CSCO) shares are trading lower Thursday following the release of the networking equipment company's first-quarter fiscal 2025 results. Here's what you need to know.
思科系統公司（納斯達克：CSCO）的股票週四交易下跌，此前發佈了網絡設備公司2025財年第一季度的業績。以下是您需要了解的內容。
What To Know: Cisco reported revenue of $13.84 billion for the quarter, beating analyst estimates of $13.77 billion. Adjusted earnings per share came in at 91 cents, exceeding the expected 87 cents per share, according to Benzinga Pro. This marks the tenth consecutive quarter that Cisco has topped estimates for revenue and earnings.
要點：思科報告本季度營業收入爲138.4億，超出了分析師預期的137.7億。經調整後的每股收益爲91美分，超過了預期的87美分，數據來自Benzinga Pro。這標誌着思科連續第十個季度超出營業收入和收益的預期。
Although Cisco beat analyst expectations, total revenue fell 6% year-over-year as product revenue declined 9%, and services revenue increased 6%. The company generated $3.7 billion in cash flow from operations, a 54% increase compared to the same quarter last year, and ended the period with $18.7 billion in cash and investments.
儘管思科超出了分析師的預期，但總營業收入同比下降了6%，產品收入下降了9%，而服務收入增加了6%。公司從運營中產生了37億現金流，比去年同期增長了54%，並在期末擁有187億現金和投資。
Looking ahead, Cisco anticipates fiscal second-quarter revenue between $13.75 billion and $13.95 billion, and adjusted earnings per share in the range of 89 cents to 91 cents. The company projects full-year 2025 revenue between $55.3 billion and $56.3 billion, and full-year adjusted earnings between $3.60 and $3.66 per share.
展望未來，思科預計2025財年第二季度營業收入將在137.5億到139.5億之間，經調整後的每股收益在89美分到91美分的區間內。公司預計2025財年的營業收入將在553億到563億之間，而經調整後的每股收益將在3.60到3.66之間。
"Cisco is off to a strong start to fiscal 2025. Our customers are investing in critical infrastructure to prepare for AI, and with the breadth of our portfolio, we are uniquely positioned to capitalize on this opportunity," said Chuck Robbins, chair and CEO of Cisco.
「思科在2025財年有一個強勁的開端。我們的客戶正在投資於關鍵基礎設施，以準備人工智能，並且憑藉我們的產品組合廣度，我們處於獨特的優勢地位，能夠從中獲利，」思科董事長兼CEO Chuck Robbins表示。
Following the earnings report, multiple analysts raised price targets on Cisco stock.
在盈利報告發布後，多位分析師提高了對思科股票的目標價。
- Piper Sandler maintained a Neutral and raised the price target from $52 to $57.
- 派傑投資維持中立，並將目標價從52美元上調至57美元。
- Morgan Stanley maintained an Overweight and raised the price target from $58 to $62
- 摩根士丹利維持增持評級，並將目標價從58美元上調至62美元。
- Barclays maintained an Equal-Weight and raised the price target from $49 to $56.
- 巴克萊銀行維持中立評級，將價格目標從49美元上調至56美元。
- Wells Fargo maintained an Equal-Weight and raises the price target from $57 to $60.
- 富國銀行維持中立評級，並將價格目標從57美元上調至60美元。
- BofA Securities maintained a Buy and raised the price target from $60 to $72.
- 美國銀行證券維持買入評級，將價格目標從60美元上調至72美元。
CSCO Price Action: Cisco shares were down 2.14% at $57.90 at the time of writing, according to Benzinga Pro.
思科價格走勢：根據Benzinga Pro的信息，截至撰寫時，思科股票下跌2.14%，報57.90美元。
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譯文內容由第三人軟體翻譯。
