2026-11-12 23:23:01
Cisco Beats Q1 Expectations with $18.5B Revenue, Up 24% YoY; Raises AI Infrastructure Outlook
According to CNBC, on November 12, Cisco Systems reported fiscal Q1 2027 (August–October 2026) revenue of $18.5 billion, surpassing Wall Street expectations of $18.1 billion compiled by LSEG and rising 24% year-over-year from $14.88 billion. Adjusted earnings per share reached $1.40, beating consens