The enterprise tech firm delivered first-quarter revenue of $18.5 billion, marking a substantial 24% expansion compared to the prior year. This performance cleared consensus projections of $18.14 billion while adjusted earnings per share similarly outpaced market expectations. On the heels of these quarterly achievements, the company officially boosted its revenue guidance through fiscal year 2027.
Key points
Cisco outperformed analyst expectations on both quarterly revenue and adjusted earnings p…: Cisco outperformed analyst expectations on both quarterly revenue and adjusted earnings per share.
Solid first-quarter results prompted the company to lift its long-term full-year 2027 rev…: Solid first-quarter results prompted the company to lift its long-term full-year 2027 revenue forecast.
Robust top-line expansion indicates accelerated annual business growth compared to the pr…: Robust top-line expansion indicates accelerated annual business growth compared to the prior-year period.
Sources checked by our analysis pipeline: 1
Nvidia Newsroom: |
Financial Times: |
Hayden Field / The Verge: |
Reuters: |
Michael Acton / Financial Times: |
Koray Kavukcuoglu / Google: |
Abner Li / 9to5Google: |
Adam Satariano / New York Times: |
Terrence O'Brien / The Verge: |
Anna Washenko / Engadget: |
Will DePue / Unemployment Labs: |
The Information: |
Paul Mozur / New York Times: |
Lingling Wei / Wall Street Journal: |
Julian Chokkattu / Wired: |
Erik Wasson / Bloomberg: |
Rohan Goswami / Semafor: |
Myles Miller / Bloomberg: |
Zac Hall / 9to5Mac: |
Bloomberg: |
Bloomberg: |
Jordan Novet / CNBC: |
Jennifer Pattison Tuohy / The Verge: |
Financial Times: |
Jonathan Weil / Wall Street Journal: |
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