All articles tagged with #cisco
Cisco topped Q4 estimates with revenue of $17.3B (+18%) and issued fiscal-quarter guidance of $18B–$18.2B, above consensus, but the stock slid about 8% as analysts called the outlook conservative amid AI-driven demand; the company still sees roughly 15% revenue growth this year, though analysts anticipate slower growth next year, while hyperscalers’ capex and neocloud dynamics support ongoing demand.
Cisco beat Q4 revenue and non-GAAP EPS estimates ($17.3B and $1.22) and AI infrastructure orders reached $4B, lifting fiscal 2026 AI revenue to $9.3B, but gross margins declined to 66.3% overall and 64.8% for products, prompting a Q1 margin guide of 65–66%. Inventories rose to $5.69B from $3.16B and cash flow was flat at $14.2B, while Cisco guided fiscal 2027 revenue of $72.2–$73.4B and non-GAAP EPS of $5.05–$5.11 with about $7.5B in AI infrastructure revenue; the stock fell about 6% premarket on the news.
Cisco beat earnings and revenue estimates and issued a higher Q4 revenue guide of $18.0–$18.2 billion, but its shares dropped after the report. Net income rose 51% to $3.9 billion and revenue grew 18% to $17.25 billion; hyperscalers ordered about $4 billion of infrastructure in the quarter, contributing to a yearly total of $9.3 billion and hinting at stronger AI-driven growth, with Cisco anticipating continued AI-related demand and aiming for roughly $7.5 billion in hyperscaler revenue by fiscal 2027.
The Supreme Court ruled that Falun Gong members cannot sue Cisco under the Alien Tort Statute or the Torture Victim Protection Act for alleged involvement in China’s abuses, narrowing the avenue for international human rights lawsuits in U.S. courts; the decision was written by Justice Barrett and supported by the conservative majority, with dissenters arguing it undermines decades of precedent and victim redress.
The U.S. Supreme Court dismissed a lawsuit accusing Cisco Systems of aiding the Chinese government in persecuting dissidents, effectively ending the case.
Cisco dominates headlines with a big FY26 AI infra order, but Nokia offers a sharper, under-the-radar AI-networking thesis built on real optical-networking assets, a strategic NVIDIA investment, and a leaner, cash-generative structure; investors might prefer Nokia on pullbacks to chasing the crowded Cisco rally, though the stock’s high forward multiple and upcoming Q2 results pose risks.
Cisco fixed a high-severity, unauthenticated REST API vulnerability in Secure Workload (CVE-2026-20223, CVSS 10.0) that could let remote attackers read sensitive data and alter tenant configurations across boundaries with Site Admin privileges. The flaw affects Secure Workload Cluster Software on SaaS and on-prem deployments with no available workarounds; patches are available in Release 3.10.8.3 (3.10) and 4.0.3.17 (4.0), with users of 3.9 and earlier advised to migrate. Cisco notes no known exploits in the wild at this time; the article also references a separate CVE-2026-20182 exploit in Catalyst SD-WAN Controller.
AI and chip stocks fell after U.S.-China talks did not address chip policy, keeping momentum weak for major chipmakers. The Nasdaq slid about 1.7% while the S&P 500 remained pressured; Nvidia and AMD declined on policy uncertainty, whereas Qualcomm and Cisco managed to rise despite the broad weakness.
Cisco stock surged after its Q3 2026 results as revenue beat and full-year guidance was raised, with the standout driver being a near-doubling of AI infrastructure orders from hyperscalers to $9 billion, signaling a strategic shift from legacy hardware to high‑speed silicon, optics, and data‑center networking, backed by a robust backlog and a $1 billion restructuring to fund growth; management also points to ecosystem plays with Nvidia and potential bundling, though execution in hyperscale deals remains a key risk.
Cisco announced Q3 2026 revenue of $15.8 billion (up 12% YoY) while revealing layoffs of up to 4,000 employees (<5% of the workforce) as it realigns investments toward silicon, optics, security, and AI. The company expects up to $1 billion in pre-tax charges and will provide severance, job placement assistance, and a year of Cisco U training for affected workers.
U.S. stocks climbed toward new records after Cisco posted stronger-than-expected earnings, helping the S&P 500 and Nasdaq reach record highs as the Dow neared 50,000; other companies reported solid results, suggesting resilient consumer spending and AI investment even with inflation and oil-price pressures.
Cisco plans to cut about 4,000 jobs as part of a restructuring focused on AI initiatives, signaling a shift to align its workforce with rising demand for AI-enabled products and services.
Cisco topped Q3 expectations with adjusted EPS of $1.06 on revenue of $15.84 billion (up 12% y/y), driven by a 25% rise in networking revenue and strong AI infrastructure orders that lifted the AI outlook; it guided Q4 to about $1.16-$1.18 in adjusted EPS on $16.7-$16.9 billion in revenue and announced headcount reductions of under 5% of staff. Shares jumped roughly 17% in after-hours trading as investors bet on AI-fueled growth.
Cisco posted a strong Q3 beat with revenue of $15.84B and adjusted EPS of $1.06, driven by 12% revenue growth and a 17% rise in product revenue (Networking +25%, Observability), while services slipped. The company raised full-year guidance to about $62.8B-$63B in revenue and $4.27-$4.29 in adjusted EPS, plus Q4 revenue guidance of $16.7B-$16.9B and orders outlook of $9B. After-hours, CSCO jumped roughly 14%.
Futures drift near flat as Trump heads to China for a high-stakes meeting with Xi, while investors weigh trade, Taiwan, and Iran tensions; oil stays elevated on Hormuz disruption. Cisco is set to report earnings, reflecting AI‑driven cost dynamics, as markets also digest Warsh’s confirmation to the Fed Board and a rising yield curve ahead of further rate moves.