Cisco rides AI hardware surge to Q4 beat, yet shares slip after hours
TL;DR Summary
Cisco reported FY4Q net income of $3.86B on $17.25B in revenue, with adjusted EPS of $1.22, topping expectations. The quarter benefited from about $4B in AI infrastructure orders from hyperscalers, bringing its full-year AI orders to $9.3B. Management guided FY27 revenue of $72.2–$73.4B and adjusted EPS of $5.05–$5.11, with Q1 above consensus. Despite the strong results and upbeat outlook, CSCO edged lower in after-hours trading.
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