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Cisco shares fall after earnings beat fails to meet investor needs

Cisco reported results that topped expectations and issued guidance that beat the market, but shares still dropped about 9% as investors focused on the pace of AI infrastructure demand.

Reported · Written up by our desk · Results

Cisco shares dropped roughly 9% even though the company posted an earnings beat and offered stronger-than-expected guidance, CNBC Markets said.

The outlet attributed the market reaction to expectations around how Cisco is benefiting from booming demand for AI infrastructure.

CNBC World reached the same conclusion, noting that while demand trends are improving, investors were not satisfied with the details reflected in the results and guidance.

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