Cisco raises its full-year outlook as AI infrastructure demand drives growth
đ Ciscoâs Q1 FY27 revenue rose 24% year over year to $18.5 billion. Adjusted EPS reached $1.40, beating the $1.33 consensus.
đ Networking revenue grew 43%, highlighting strong demand for network equipment and supporting Ciscoâs position in the AI infrastructure investment cycle.
đ€ Cisco raised its FY27 AI infrastructure revenue forecast from hyperscalers to $9 billion, up 20% from its previous outlook and more than double FY26 revenue.
đ The company also lifted its full-year revenue forecast to $74.8â75.8 billion from $72.2â73.4 billion, reflecting managementâs expectations for continued growth.
âïž Adjusted operating margin hit a record 37.8%, while adjusted gross margin fell from 68.1% to 65.6%. The results reinforce Ciscoâs AI growth opportunity, with cost control remaining a key factor to watch.
#Cisco $SOL
đ Ciscoâs Q1 FY27 revenue rose 24% year over year to $18.5 billion. Adjusted EPS reached $1.40, beating the $1.33 consensus.
đ Networking revenue grew 43%, highlighting strong demand for network equipment and supporting Ciscoâs position in the AI infrastructure investment cycle.
đ€ Cisco raised its FY27 AI infrastructure revenue forecast from hyperscalers to $9 billion, up 20% from its previous outlook and more than double FY26 revenue.
đ The company also lifted its full-year revenue forecast to $74.8â75.8 billion from $72.2â73.4 billion, reflecting managementâs expectations for continued growth.
âïž Adjusted operating margin hit a record 37.8%, while adjusted gross margin fell from 68.1% to 65.6%. The results reinforce Ciscoâs AI growth opportunity, with cost control remaining a key factor to watch.
#Cisco $SOL
