Cisco Reports Q4 Revenue Up 18% YoY to $17.25B But Stock Drops
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Cisco Systems Inc. reported a quarterly revenue increase of 18% year-over-year, reaching $17.25 billion, surpassing estimates of $16.82 billion. Despite this positive performance and a forecast for fiscal 2027 revenue above Wall Street expectations, the company's stock fell as investors were disappointed with the projected $7.5 billion in sales related to the AI data center boom.
The company has amassed $9.3 billion in artificial intelligence-related orders over the past year, but the outlook did not meet investor expectations. Cisco's fiscal Q4 earnings and revenue topped estimates, yet the stock pullback indicates that Wall Street was looking for a more substantial payoff from the AI sector.
Sources
Every quote below is verbatim from the article it is attributed to.
“Even though Cisco's quarterly results topped estimates, they weren't good enough to satisfy Wall Street.”
CNBC — Cisco's stock drops despite earnings, revenue beat“Cisco Systems Inc. projected $7.5 billion in sales tied to the AI data center boom this fiscal year, disappointing investors who’ve seen the world’s largest networking gear supplier amass $9.3 billion in artificial intelligence-related orders over the past year.”
Bloomberg — Cisco’s AI Outlook Disappoints Investors Seeking Bigger Payoff“An 18% revenue surge and blowout 2027 forecast weren't enough to sustain Cisco's stock momentum.”
MarketWatch — Cisco sees record results from an AI 'supercycle,' but its stock pulls back“Cisco stock rose amid fiscal Q4 earnings and revenue that topped estimates while the company's fiscal 2027 sales outlook came in above views.”
IBD — Cisco Earnings Beat, Revenue Outlook Above Estimates. But Shares Fall.“Cisco reports Q4 revenue up 18% YoY to $17.25B, vs. $16.82B est., AI infrastructure orders from hyperscalers worth $4B, forecasts FY 2027 revenue above est.”
techmeme — Cisco reports Q4 revenue up 18% YoY to $17.25B, vs. $16.82B est., AI infrastructure orders from hyperscalers worth $4B, forecasts FY 2027 revenue above est. (Juby Babu/Reuters)
Earlier versions
- Aug 12, 9:00 PM — Cisco Reports Q4 Revenue Up 18% YoY to $17.25B, Forecasts FY 2027 Revenue Above Estimates (3/3)
- Aug 12, 9:19 PM — Cisco Reports Q4 Revenue Up 18% YoY to $17.25B But Stock Drops (3/3)
- Aug 12, 10:54 PM — Cisco Reports Q4 Revenue Up 18% YoY to $17.25B But Stock Drops (2/2)