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Cisco posts record results as AI demand lifts revenue, shares slip
Cisco reported an 18% revenue surge, but its upbeat 2027 outlook did not prevent the stock from pulling back after results.
Cisco’s latest results highlighted accelerating demand tied to artificial intelligence, with the company posting an 18% revenue surge, MarketWatch reported.
Despite the strong topline performance, Cisco’s shares pulled back, underscoring that investor reaction was not fully sustained by its results or expectations.
MarketWatch said Cisco also delivered a higher 2027 forecast described as a blowout, framing the outlook around an AI “supercycle.”