AI Order GrowthCisco saw meaningful traction in FQ1 across three investments for AI.
Financial PerformanceOperating margins were 34.1%, nearly 140bps better than expectations.
Revenue GuidanceFY25 revenue guidance was raised by ~$200mn, mostly attributed to the 1Q/2Q beat, and room for growth acceleration in 2H25 on the back of the strong Cloud/AI and Security order growth.