Cisco (CSCO) reported strong Q1 earnings, beating estimates with $1 per share and $14.88 billion in revenue, up 8% YoY. Networking segment excelled with $7.77 billion in revenue, driven by AI demand. Upbeat guidance for Q2 and full year, but security and collaboration units underperformed.

Investors eye Cisco’s AI initiatives and partner base. CSCO shares up 25.1% YTD, trading at a forward P/E of 18.06X. Mixed outlook with AI opportunities. Consider Cisco-heavy ETFs like IYZ, CIBR, and HACK for diversification and potential growth in the AI sector. Explore Zacks Fund Newsletter for top ETF insights.

Read more at Nasdaq: Cisco Surges on Earnings Beat & Upbeat Guidance: ETFs in Focus