These 10 Firms Are On Fire Today

8. Cisco Systems, Inc. (NASDAQ:CSCO)

Cisco Systems grew its share price by 4.85 percent on Thursday to close at $64.26 apiece after a series of positive developments, including a strong earnings performance in the third quarter of fiscal year 2025.

In a statement, Cisco Systems, Inc. (NASDAQ:CSCO) said net income during the period surged by 31 percent to $2.5 billion from $1.9 billion in the same period last year, while revenues beat earlier expectations, jumping 11 percent to $14.1 billion from $12.7 billion year-on-year.

“The momentum we are seeing with AI is fueled by the power of our secure networking portfolio, our trusted global partnerships, and the value we bring to our customers,” said Chairman and CEO Chuck Robbins.

For the full fiscal year 2025, Cisco Systems, Inc. (NASDAQ:CSCO) expects revenues to settle between $56.5 billion and $56.7 billion, with the fourth quarter alone expected to rake in $14.5 billion to $14.7 billion.