Cisco Systems surged 4.85% after strong Q3 earnings, beating expectations and projecting solid Q4

From Yahoo Finance: 2025-05-20 12:43:00

Wall Street’s main indices had a mixed day, with the Nasdaq down 0.18%, the Dow Jones up 0.65%, and the S&P 500 rising 0.41%. Cisco Systems (NASDAQ:CSCO) surged 4.85% to $64.26 after strong Q3 earnings. Net income increased 31% to $2.5 billion, with revenues reaching $14.1 billion, beating expectations.

Cisco Systems expects full-year revenues between $56.5 billion and $56.7 billion, with Q4 projected to bring in $14.5 billion to $14.7 billion. The company ranks 8th in stock surges, but AI stocks are seen as more promising for higher returns. Check out the report on the cheapest AI stock with potential massive gains.



Read more at Yahoo Finance: Why Cisco Systems, Inc. (CSCO) Surged Last Week