Aug. 13 at 2:42 AM
$CSCO reaching an intraday high of
$124.45 and a low of
$122.26. The stock’s 52-week range is between
$65.75 and
$130.37. In after-hours trading, the stock fell 4.07% to
$118.84.
Cisco reported fourth-quarter revenue of
$17.25 billion, surpassing analyst estimates of
$16.82 billion. The company’s adjusted earnings of
$1.22 per share also exceeded expectations. Cisco highlighted a “networking supercycle” as a key driver of its success, with total product orders increasing by 35% year-over-year. The company experienced double-digit growth across all geographies and customer markets, indicating strong demand for its technology.
The company guided for fiscal first-quarter revenue of
$18 billion to
$18.2 billion and adjusted EPS of
$1.32 to
$1.34, both above analyst estimates. For fiscal 2027, the company expects revenue of
$72.2 billion to
$73.4 billion and adjusted EPS of
$5.05 to
$5.11, also ahead of expectations.
