Cisco Systems reported a strong Q4 FY2026 with an 18% sequential revenue increase and 23% rise in non-GAAP EPS, driven by $4 billion in AI infrastructure orders. The company achieved $9.3 billion in AI orders for the full year and expects $7.5 billion in AI revenue for FY2027. Despite robust growth and positive guidance, the stock fell due to worries over declining gross margins, which dropped to 66.3% and are forecasted at 65-66% for Q1 FY2027. The analyst maintains a Buy rating, citing Cisco's AI-driven growth, strong cash flow, and shareholder returns as outweighing short-term margin pressures.
Cisco Systems and Broadcom both posted strong quarterly results driven by AI infrastructure demand but took different approaches. Cisco's growth came from enterprise networking upgrades, with AI orders surpassing $9 billion for the year and a broad c...
Cisco Systems, Inc. posted an 18% year-over-year revenue increase in fiscal Q4 2026, fueled by a 4.5-fold surge in AI infrastructure orders reaching $9.3 billion. The company expects 15% revenue growth in fiscal year 2027, supported by strong demand ...
Cisco Systems reported a record fiscal year with Q4 revenue and earnings surpassing expectations, driven by a surge in AI infrastructure orders. Despite an 8.4% stock drop after earnings, the company projects 15% revenue growth for FY2027 and highlig...
Cisco CEO Chuck Robbins highlighted the company's strong fiscal Q4 results with 15% revenue growth, surpassing analyst expectations of 9%, driven by rapid expansion in AI networking and hyperscaler demand. He described AI infrastructure as a long-ter...
Coherent and Cisco shares dropped after reporting strong fiscal Q4 results, with Coherent's cash flow down sharply and Cisco facing margin pressure from AI hardware costs. Meanwhile, Ciena and Nokia stocks rose, benefiting from growing demand for dat...
