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via finance.yahoo.comMarkets

Cisco shares climb 4% on earnings beat and raised outlook

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Cisco Systems Inc. shares surged 4% after the networking giant reported first-quarter fiscal 2027 results that comfortably beat analyst expectations and raised its full-year outlook, delivering its strongest revenue and earnings growth in more than 15 years. Our…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishAn earnings beat and raised outlook at a large-cap company can lift the stock and its sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted earnings per share were $1.40, against analyst estimates of $1.32.
  2. 02Revenue rose 24% year over year to $18.5 billion, above consensus of $18.11 billion.
  3. 03Product revenue climbed 32%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Cisco Systems, Inc.CSCOStock102.01 USDMarket closedtoday +1.24%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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