๐น Revenue: $2.21B (Est. $2.10B) ๐ข; UP +30.4% YoY
๐น Adj. EPS: $0.73 (Est. $0.65) ๐ข
Q3 Guidance:
๐น Revenue: ~$2.00B (Est. $2.12B) ๐ด
Other Metrics:
๐น Non-GAAP Net Income: $923.5M
๐น Non-GAAP Gross Margin: 65.6%
๐น Non-GAAP Operating Income: >$1B milestone
Commentary:
๐ธ โOur customers are decisively standardizing on our best-of-breed platform to bring transformational innovation.โ
๐ธ โNon-GAAP operating income crossed $1B for the first time, showing strong demand and disciplined scale.โ
Strategic & Company Updates:
๐ธ Acquired VeloCloud SD-WAN from Broadcom to strengthen global WAN and complement CloudEOS stack
๐ธ Introduced AI-driven switching, Wi-Fi 7, and WAN capabilities for enterprise networking
๐ธ Recognized as a โVisionaryโ in Gartner Magic Quadrant for Wired & Wireless LAN
๐ธ Expanded "Make in India" initiative for domestic manufacturing of data center switches and Wi-Fi 7 APs
๐ธ Appointed Todd Nightingale (ex-Fastly CEO, ex-Cisco EVP) as President & COO