Cisco Q4 EPS and Revenue Beat Estimates on Strong AI Orders
Cisco posted fiscal Q4 adjusted EPS of $1.22, above the $1.17 estimate, with revenue of $17.3 billion also ahead of expectations. AI hyperscaler orders reached $4 billion in the quarter.
CSCO
Cisco reported fiscal fourth-quarter adjusted earnings per share of $1.22, exceeding the $1.17 consensus estimate. Revenue came in at $17.3 billion, above the $16.85 billion expected.
Product revenue was $13.46 billion versus $13.03 billion anticipated. The adjusted gross margin was 66.3%, and remaining performance obligations stood at $46.73 billion.
Cisco also highlighted $4 billion in fourth-quarter AI hyperscaler orders.
Source: First Squawk