{
  "id": 696848,
  "title": "Cisco forecasts annual revenue above estimates on sustained AI spending",
  "url": "https://urgent.news/2026/08/12/cisco-forecasts-annual-revenue-above-estimates-on-sustained-ai",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T20:10:06.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/cisco-forecasts-annual-revenue-above-estimates-sustained-ai-spending-6315791"
  },
  "original_language": "en",
  "account": "On August 12, Cisco Systems projected fiscal 2027 revenue to exceed Wall Street predictions, suggesting robust prospects driven by robust demand for its AI networking products. The San Jose-based firm's stock surged by 3% in after-hours trading, having risen more than 56% year-to-date. Cisco's progress can be attributed to hyperscale cloud providers and enterprises constructing infrastructure to manage the intricate needs of generative AI. The networking leader attracted AI infrastructure orders from hyperscalers totaling $4 billion during the fourth quarter ending July 25, accumulating to $9.3 billion overall. Cisco anticipates annual revenue ranging from $72.2 billion to $73.4 billion, surpassing analysts' average forecast of $68.69 billion, as per LSEG data. The company reported $17.25 billion in revenue for the fourth quarter ending July 25, surpassing estimates of $16.82 billion.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Cisco forecasts annual revenue above estimates on sustained AI spending",
        "url": "https://urgent.news/2026/08/12/cisco-forecasts-annual-revenue-above-estimates-on-sustained-ai-698841",
        "published": "2026-08-12T20:10:06.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Cisco reports Q4 revenue up 18% YoY to $17.25B, vs. $16.82B est., AI infrastructure orders from hyperscalers worth $4B, forecasts FY 2027 revenue above est. (Juby Babu/Reuters)",
        "url": "https://urgent.news/2026/08/12/cisco-reports-q4-revenue-up-18-yoy-to-17-25b-vs-16-82b-est-ai",
        "published": "2026-08-12T21:00:13.000Z"
      }
    ]
  },
  "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."
}