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Cisco raises full-year outlook as AI-driven demand powers Q1 beat
Key takeaways
- The company posted adjusted earnings per share of $1.06 for the quarter ended April 2026, compared with analyst expectations of $1.04.
- Revenue came in at $15.84 billion, above estimates of $15.56 billion, and up 12% year-over-year.
- Cisco said the quarter reflected broad-based strength across its portfolio.
Cisco raises full-year outlook as AI-driven demand powers Q1 beat Proactive Thu, May 14, 2026 at 9:53 PM GMT+7 3 min read CSCO Cisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) reported fiscal third quarter 2026 results that topped Wall Street expectations on both revenue and earnings, driven by accelerating demand for AI infrastructure, sending shares up about 14% to about $116 on Thursday morning.
The company posted adjusted earnings per share of $1.06 for the quarter ended April 2026, compared with analyst expectations of $1.04.
Revenue came in at $15.84 billion, above estimates of $15.56 billion, and up 12% year-over-year.
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