Cisco Systems Reports Q2 Revenue Up 6%, EPS $0.37 (CSCO)

Cisco Systems Inc. (CSCO) reported second-quarter revenue of $35.8B, up 6% year-over-year, driven by strong demand in networking and security services. Non-GAAP earnings per share rose to $0.37, exceeding the Thomson Reuters consensus of $0.34. The company attributed the results to improved data center utilization and continued digital transformation spending. Revenue growth moderated to 2% from 11% in Q1, reflecting seasonality and softening demand in certain verticals.