Cisco Systems will report quarterly results on August 12, with UBS expecting revenue and earnings to surpass consensus due to rising demand for AI infrastructure and steady campus networking spending. UBS forecasts networking revenue growth of 26% year-over-year, driven by strong product orders, especially in AI-related systems and optical products. Despite higher component costs limiting margin gains, adjusted earnings per share are expected to exceed estimates. Cisco's guidance for the next quarter and fiscal 2027 outlook also look promising, supported by AI-related revenue growth and a potential recovery in its security business.
Cisco will release its fourth quarter fiscal year 2026 financial results on August 12, 2026, after market close. The company will hold a conference call at 1:30 PM PT to discuss the results, which will be available via telephone, internet webcast, an...
The Open Secure AI Alliance (OSAA), led by Nvidia and comprising over 120 companies, has created the Shared AI Findings Exchange (SAFE) to improve AI cybersecurity. The group, managed by The Linux Foundation, presented proposals for confidential inci...
The US is drafting a ban on importing Chinese optical transceivers to prevent security risks in data centers, causing shares of networking companies like Lumentum, Coherent, and Ciena to rise. CoreCivic secured a five-year contract with ICE to operat...
