US stocks surge | Cisco (CSCO.US) rises over 5% in Q3 earnings exceeding expectations and raising annual revenue guidance.

According to the Wisdom Finance APP, on Thursday, Cisco (CSCO.US) rose over 5% to $64.58. On Wednesday local time, Cisco released its latest earnings report for the third quarter of the 2025 fiscal year ending on April 26, with sales increasing by 11% year-on-year to $14.1 billion, in line with Wall Street's average expectations. Excluding certain items, earnings per share rose to $0.96, higher than the average Wall Street analyst expectation of $0.92 and the $0.88 from the same period last year. Cisco currently expects annual revenue to be between $56.5 billion and $56.7 billion, up from the previous forecast of $56 billion to $56.5 billion.