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At its annual Cisco Live event, Cisco announced it will be rolling out new summarization capabilities for Webex users and the contact center, alongside AI-powered security assistants.
Global networking solutions provider Cisco (Nasdaq: CSCO) announced its second quarter results that outpaced market expectations. Cisco is focusing on the hybrid workspace by adding AI capabilities into its existing offerings portfolio. Cisco's FinancialsCisco's Q2 revenues grew 7% to $13.6 billion, ahead of the Street's forecast by 1.18%. Adjusted EPS increased 5% to $0.88, and was also ahead of the market's estimate of $0.86. By segment, software revenues grew 10% to $10.15 billion and subscription revenues grew 15% to $9.35 billion. By region, revenues from the Americas ...