Cisco Stock Price Slips After Strong Q4 Earnings
Cisco Systems Inc.'s (US17275R1023) stock price slipped after the company reported strong fiscal fourth-quarter earnings on August 12, 2026. The revenue of $17.25 billion beat analyst estimates by a significant margin.
The quarterly results showed an impressive 18% year-over-year revenue growth and a net income rise of 51% from the previous year. Earnings per share (EPS) came in at $1.22, surpassing the consensus estimate of $1.17. Net income reached $3.9 billion.
Cisco's management also provided guidance for fiscal 2027 EPS, predicting a range of $5.05 to $5.11. However, the company's gross margin outlook suggests that the product mix is still shifting, which may be a cause for concern among investors.