Cisco beats estimates and raises full-year guidance
Cisco reported Q1 revenue of $18.5B and adjusted EPS of $1.40, both above estimates, and raised its fiscal-year EPS outlook.
What we know
Revenue rose 24% YoY to $18.5B versus an $18.13B estimate, with non-GAAP EPS of $1.40. Cisco raised FY adjusted EPS guidance to $5.47-$5.53 from $5.05-$5.11 and guided Q2 revenue of $18.0-$18.2B, above estimates.
What people are posting
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@wallstengine
“CISCO Q1'27: Revenue $18.5B (Est. $18.13B)”
View post →@FirstSquawk
“RAISES ITS FY ADJUSTED EPS GUIDANCE TO $5.47 TO $5.53”
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