According to CoinMeta, Cisco ( Cisco ) reported that revenue in the first quarter reached $18.52 billion, a year-on-year increase of 24%. Adjusted earnings per share were $1.40, exceeding analysts' expectations of $1.33. Operating cash flow increased by 36% to $4.4 billion. Management stated that the number of employees decreased by a single-digit percentage. Cisco's updated outlook indicates that revenue per employee is expected to grow by about 19%, with an additional $19 billion in revenue expected over the next two years, despite having fewer employees than at the beginning of that period. Cisco also raised its revenue forecast for the fiscal year 2027 to $74.8 billion to $75.8 billion.