By Connor Hart

Cisco Systems is scheduled to report fiscal third-quarter results after the market closes Wednesday. Here is what you need to know.

PROFIT: The networking-equipment company is expected to post a profit of $2.51 billion, or 61 cents a share, according to analysts polled by FactSet. In the same quarter last year, Cisco reported a profit of $1.89 billion, or 46 cents a share.

ADJUSTED EARNINGS: Stripping out certain one-time items, Cisco is projected to notch adjusted earnings of $3.66 billion, or 92 cents a share, compared with $3.55 billion, or 88 cents a share, last year.

SALES: Revenue is modeled to rise to $14.05 billion from $12.7 billion a year earlier, according to analysts.

The stock has edged 0.9% lower in the past three months and was recently trading at $61.93.

WHAT TO WATCH:

-- Chief Executive Chuck Robbins previously said Cisco is well positioned to capitalize on demand for artificial intelligence by helping customers scale their network infrastructure, increase their data capacity and adopt AI securities. Investors will be looking for updates on the company's AI strategy, particularly after it said Tuesday it would enter a multiyear partnership with Humain, the arm of Saudi Arabia's public investment fund focused on artificial intelligence.

-- Cisco earlier this month said it created a new quantum chip and launched a quantum lab, moves that come as the company works to enable the scaling of quantum networks, as well as to connect quantum processors for practical applications. Investors will additionally be looking for insight into Cisco's quantum strategy.

-- Cisco underwent a restructuring, disclosed last summer, under which it cut 7% of its global workforce and increased investment in growth areas. Investors will be looking for commentary regarding the restructuring, as well as how the cost-savings are bolstering its efforts around artificial intelligence and quantum computing.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

May 13, 2025 15:59 ET (19:59 GMT)

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