The company anticipates revenue between $55.3 billion and $56.3 billion for FY2025, with non-GAAP EPS expected between $3.60 and $3.66. Furthermore, Cisco has unveiled a new security solution, Cisco AI Defense, aimed at protecting the development and deployment of artificial intelligence (AI) applications within enterprises. Melius Research upgraded Cisco's stock from Hold to Buy, citing the AI boom as a key growth driver. In company news, Cisco's shareholders elected nine members to the Board of Directors and approved executive compensation. These are recent developments that reflect the confidence of shareholders in the company's current management and strategic direction. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.