Cisco's 2027 Fiscal Year Revenue Guidance Exceeds Market Expectations, Stock Price Down Over 4% in After-Hours Trading

BlockBeats News, August 13th, Cisco reported a revenue of $17.3 billion for the fourth quarter, exceeding the market estimate of $16.85 billion. Cisco expects an adjusted earnings per share of $5.05 to $5.11 for the fiscal year 2027, compared to the market expectation of $4.84. In the fourth quarter, Cisco's AI orders from hyperscale cloud providers amounted to $4 billion.

According to BIT (bit.com) market data, Cisco's stock price dropped by 4.1% in after-hours trading to $118.8.