Cisco's FY2027 revenue and earnings outlook tops Wall Street estimates
CSCO Cisco Systems Inc
$123.96 +2.93%
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- 1Cisco Systems (CSCO) on Wednesday issued its FY2027 revenue and earnings guidance above Wall Street estimates.
- 2Adjusted EPS guidance of $5.05–$5.11 and revenue of $72.2B–$73.4B came in above consensus estimates of $4.28 and $62.91B, respectively.
- 3The company said surging demand for networking equipment and AI infrastructure will continue to drive growth; shares fell about 2% after the announcement.
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