On August 13, Cisco published its fiscal fourth-quarter results. Revenue reached $17.3 billion, ahead of the $16.85 billion analysts had estimated. For fiscal 2027, management guided adjusted earnings per share of $5.05 to $5.11, versus a market consensus of $4.84. Cisco also said AI orders from hyperscale cloud service providers totaled $4 billion in the fiscal fourth quarter. Following the release, shares traded down 4.1% in after-hours trading, last seen at $118.80, per BIT (bit.com) market data.
Cisco beat analyst estimates on revenue and guided fiscal 2027 earnings above consensus, yet shares still fell 4.1% in after-hours trading.
BlockBeats reported the company's fiscal fourth-quarter results on August 13. Revenue came in at $17.3 billion, above the $16.85 billion market estimate. For fiscal 2027, Cisco expects adjusted earnings per share of $5.05 to $5.11, compared with the $4.84 consensus.
The company also disclosed that AI orders from hyperscale cloud providers reached $4 billion in the fiscal fourth quarter.
According to BIT (bit.com) market data, Cisco shares were last quoted at $118.80 in extended trading, down 4.1%.
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