Cisco Surprises with Strong Q4 Earnings, Raises Guidance
Cisco Systems Inc., the networking equipment company, reported better-than-expected financial results for its fourth quarter of fiscal 2026. The company's revenue for the quarter was $17.25 billion, beating analyst estimates of $16.82 billion.
The adjusted earnings per share for the quarter were $1.22, surpassing analyst predictions of $1.17 per share.
Cisco also provided guidance for its fiscal year 2027, predicting revenue between $72.2 and $73.4 billion, exceeding estimates of $68.69 billion.
Chuck Robbins, chair and CEO of Cisco, stated, 'We delivered a very strong close to fiscal 2026, marking another record year for Cisco.'