Cisco Tops Q1 Estimates, Raises FY27 Outlook During Multi-Year Networking ‘Supercycle’
Summary
Cisco Systems released its financial results for the first quarter of fiscal 2027, surpassing Wall Street revenue expectations. Driven by a strong networking supercycle, the company also decided to increase its full-year financial outlook.
Cisco Systems Inc (NASDAQ:CSCO) posted financial results for the first quarter of fiscal 2027 after the market close on Thursday. Here’s a look at the key details from the report. Cisco Systems stock is trending. Where is CSCO stock going? Cisco Q1 Earnings Highlights Cisco reported first-quarter revenue of $18.52 billion, beating analyst estimates of $18.14 billion, according to Benzinga Pro. The networking equipment…
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