According to CNBC, Cisco shares fell in extended trading on Wednesday even after the networking company reported adjusted earnings of $1.22 per share versus $1.17 expected and revenue of $17.25 billion versus $16.82 billion expected. Cisco also said it expects revenue of $18 billion to $18.2 billion for the current quarter, above the $16.8 billion LSEG consensus, and issued an earnings forecast that topped expectations along with stronger full-year guidance. Hyperscalers placed $4 billion of infrastructure orders in the quarter, bringing fiscal-year orders from that group to $9.3 billion. Revenue rose 18% from a year earlier to $17.25 billion, while net income increased 51% to $3.9 billion, or 97 cents a share. $CSCO
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