Cisco forecasts annual revenue above estimates on sustained AI spending
📍 How it ended
Cisco reported its fourth quarter and fiscal year 2026 earnings, forecasting annual revenue above estimates due to sustained AI spending. Despite the earnings beat and stronger-than-expected guidance, Cisco shares slid 9% amid concerns over gross margins. The company's AI revenue opportunity was described as "immense and growing quickly" by Morningstar analysts.
Epilogue added 1h ago, after coverage quieted.
Coverage (8)
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Cisco Reports Fourth Quarter Earnings newsroom.cisco.com · 67d ago broke it first
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