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Cisco Systems Inc. fell 0.03% to $70.37 despite the networking company reporting a 30% increase in net income in the fourth quarter.

Consolidated revenue increased to $14.7 billion from $13.6 billion, net income advanced to $2.8 billion from $2.2 billion, and diluted earnings per share rose to 71 cents from 54 cents a year ago.

During the fourth quarter, Cisco returned a total of $2.9 billion to shareholders through share repurchases and dividends, including the repurchase of 1.3 million shares of common stock.

The company's board declared a cash dividend of $0.41 per share.

The company guided net sales in the next quarter to range between $14.65 million and $14.85 million, and GAAP EPS between $0.63 and $0.68.

"The AI infrastructure orders we received from webscale customers in fiscal 2025 were more than double our original target, indicating a massive opportunity ahead as we lead the required architectural shift and build the critical infrastructure needed for the AI era," said Chuck Robbins, chair and CEO of Cisco.

14 Aug, 2025

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