Cisco Beats Estimates, Raises AI Infrastructure Order Target to $9 Billion
Cisco reported fiscal third-quarter revenue of $15.8 billion and adjusted earnings of $1.06 a share, beating estimates of $15.54 billion and $1.04. Product orders rose 35% from a year earlier, while networking product orders climbed more than 50%.
The company raised its fiscal 2026 AI infrastructure order target to $9 billion from $5 billion and increased its AI infrastructure revenue target to $4 billion from $3 billion. Cisco also projected fiscal 2026 revenue of $62.8 billion to $63.0 billion and adjusted earnings of $4.27 to $4.29 a share, above estimates of $61.6 billion and $4.16. Shares were up 12% in after-hours trading.
From the sources (3 posts)
@wallstengine$CSCO Q3 EARNINGS HIGHLIGHTS 🔹 Revenue: $15.8B (Est $15.54B) 🟢; +12% YoY 🔹 Adj. EPS: $1.06 (Est $1.04) 🟢; +10% YoY 🔹 Product Orders: +35% YoY 🔹 Networking Product Orders: +50%+ YoY 🔸 AI Infrastructure Orders: FY26 expected orders raised to
@unusual_whalesCisco, $CSCO, earnings: - EPS: $1.06, est: $1.04 - Rev: $15.8 billion, est: $15.5 billion
@thetranscript_Cisco double beat CEO: "Cisco delivered record quarterly revenue in Q3 & we saw very strong, broad-based demand for our products, demonstrating the relevance of our technology for connecting and securing AI." $CSCO: +12% AH https://t.