{
  "id": 19712810,
  "title": "Cisco Tops Q1 Estimates, Raises FY27 Outlook During Multi-Year Networking 'Supercycle'",
  "url": "https://urgent.news/2026/11/12/cisco-tops-q1-estimates-raises-fy27-outlook-during-multi-year",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T21:21:45.000Z",
  "source": {
    "name": "Benzinga",
    "slug": "benzinga",
    "url": "https://www.benzinga.com/markets/earnings/26/11/63223825/cisco-tops-q1-estimates-raises-fy27-outlook-during-multi-year-networking-supercycle"
  },
  "original_language": "en",
  "account": "Cisco Systems Inc (NASDAQ: CSCO) reported impressive first-quarter results for fiscal 2027, exceeding analysts' expectations. The networking equipment company's revenue reached $18.52 billion, surpassing the estimated $18.14 billion. Adjusted earnings per share were $1.40, outperforming the $1.33 estimate. Year-over-year, total revenue increased by 24%, with product revenue growing 32% and services revenue rising 1%. Cisco generated $4.4 billion in cash flow from operations, marking a 36% year-over-year increase. With $15.8 billion in cash, cash equivalents, and investments, the company declared, \"In Q1, we delivered the strongest revenue and non-GAAP earnings per share growth rates for Cisco in over 15 years.\" Chairman and CEO Chuck Robbins noted the company's confidence in a multi-year networking supercycle. Cisco raised its fiscal second-quarter revenue forecast to $18 billion to $18.2 billion, up from $17.89 billion, and adjusted earnings guidance to $1.34 to $1.36 per share, previously $1.23 per share. Additionally, the company expanded its fiscal year 2027 revenue outlook from $72.2 billion to $73.4 billion to $74.8 billion to $75.8 billion, compared to the estimated $73.02 billion. Cisco's shares saw a 1.85% gain in after-hours trading, closing at $103.90 as of publication.",
  "summary": "Cisco Systems Inc (NASDAQ: CSCO ) posted financial results for the first quarter of fiscal 2027 after the market close on Thursday. Here’s a look at the key details from the report . Cisco Systems stock is trending. Where is CSCO stock going? Cisco Q1 Earnings Highlights Cisco reported first-quarter revenue of $18.52 billion, beating analyst estimates of $18.14 billion, according to Benzinga Pro…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}