$CSCO.US Cisco Beat Estimates. Investors Still Hit Sell. 📉
Cisco delivered a stronger-than-expected fiscal fourth quarter, with revenue reaching $17.25 billion and adjusted earnings of $1.22 per share. Both topped Wall Street estimates, while revenue jumped 18% from a year earlier.
The AI infrastructure story was even more striking. Cisco said AI-related orders reached $9.3 billion for the full fiscal year, including $4 billion in the latest quarter.
Management also issued a bullish outlook for fiscal 2027, calling for revenue of $72.2 billion to $73.4 billion. That’s well above analyst expectations and suggests networking demand remains strong.
Yet the stock fell in after-hours trading despite the beat. 🤔 The reaction shows how high expectations have become for AI-linked companies: strong numbers aren't always enough when investors are already looking for something exceptional.$CSCO
Cisco delivered a stronger-than-expected fiscal fourth quarter, with revenue reaching $17.25 billion and adjusted earnings of $1.22 per share. Both topped Wall Street estimates, while revenue jumped 18% from a year earlier.
The AI infrastructure story was even more striking. Cisco said AI-related orders reached $9.3 billion for the full fiscal year, including $4 billion in the latest quarter.
Management also issued a bullish outlook for fiscal 2027, calling for revenue of $72.2 billion to $73.4 billion. That’s well above analyst expectations and suggests networking demand remains strong.
Yet the stock fell in after-hours trading despite the beat. 🤔 The reaction shows how high expectations have become for AI-linked companies: strong numbers aren't always enough when investors are already looking for something exceptional.$CSCO