Revenue, not profit. A lot of that is likely inflation. I suspect we'll see this pattern repeat quite a bit with the oncoming oil shock
Revenue, not profit. A lot of that is likely inflation. I suspect we'll see this pattern repeat quite a bit with the oncoming oil shock
Their EPS is also up 37% GAAP / 10% Non-GAAP YoY and they beat their forecast. They aren’t hurting for money.
https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2026/m05/ci...
The earnings report does mention profit as well. For example, it states: "GAAP EPS of $0.85, up 37% year over year ..."
he explicitly said 'double-digit bottom-line growth'