Aug 12, 2026
Cisco Systems, Inc. (CSCO) Stock: Sink After Hours Despite Record Q4 Earnings and $4 Billion AI Orders
TLDR Cisco stock drops 4.66% after hours despite record Q4 revenue and earnings. Cisco Q4 revenue jumps 18% to $17.3 billion as networking demand strengthens. AI infrastructure orders hit $4 billion in Q4 and $9.3 billion for fiscal 2026. Cisco expects AI infrastructure revenue to reach $7.5 billion in fiscal 2027. Cisco forecasts fiscal 2027 [...]
The post Cisco Systems, Inc. (CSCO) Stock: Sink After Hours Despite Record Q4 Earnings and $4 Billion AI Orders appeared first on Blockonomi.
Source: Blockonomi →Related News
- 8 minutes ago
Crude Oil Markets Face Weekly Decline Amid Iran Standoff and Venezuela Supply De...
- 15 minutes ago
Gold Stays Steady at $4,600 Ahead of Fed’s Warsh Address at Jackson Hole
- 21 minutes ago
Nvidia (NVDA) Soars Nearly 9% Following Exceptional Q2 Results and Revenue Proje...
- 29 minutes ago
IREN (IREN) Stock Slides 7% Despite AI Cloud Revenue Milestone After Q4 Miss
- 40 minutes ago
SpaceX (SPCX) Stock: Gains as SpaceX Completes Ship 40 Recovery
