CISCO REPORTS FIRST QUARTER EARNINGS from

Cisco Reports Strong First Quarter Earnings

Financial Highlights

* Revenue increased 8% year-over-year to $13.6 billion * Net income increased 10% year-over-year to $3.4 billion * Diluted earnings per share increased 11% year-over-year to $0.88

Business Highlights

* Continued strength in the core switching and routing business * Growth in the security and software businesses * Expansion into new markets such as cloud and edge computing

Analyst Commentary

Analysts are generally positive on Cisco's first quarter results. They note that the company is continuing to execute well on its strategy and is benefiting from strong demand for its products and services. They also expect Cisco to continue to perform well in the future.

Conclusion

Cisco's first quarter earnings report is a positive sign for the company's future. The company is continuing to execute well on its strategy and is benefiting from strong demand for its products and services. Analysts expect Cisco to continue to perform well in the future.