U.S. Markets closed

Key Takeaways From Cisco's Earnings And What To Expect Going Forward

Trefis Team

This was the second consecutive quarter of revenue growth for Cisco after about two years of consistent revenue declines. Revenue growth through the quarter was driven by a 19% increase in Applications revenues to $1.3 billion, which the company attributed to strength in TelePresence endpoints, UC Infrastructure and AppDynamics segments. Cisco’s service revenues rose 3%, driven by consistent demand for advanced services and software support.