The Zhitong Finance App learned that on Thursday, the opening of Cisco (CSCO.US) fell by more than 7% and is now reported at $114.94. According to the news, Cisco announced strong results for the fourth fiscal quarter, but the first disclosed AI revenue forecast for the full year was far lower than the market's expectations based on order data, leaving investors disappointed. After the market on Wednesday, Cisco announced that revenue for the fourth fiscal quarter ending July 25, 2026 increased 18% year-on-year to US$17.3 billion, setting a single-quarter record. Adjusted earnings per share (EPS) were $1.22, all exceeding analysts' expectations. Non-GAAP adjusted earnings per share (EPS) increased 23% year over year to $1.22, more than 4% higher than market expectations; adjusted operating profit increased 23% year over year to US$6.2 billion, nearly 6% higher than market expectations, and adjusted operating margin reached 35.9%.

The Zhitong Finance App learned that on Thursday, the opening of Cisco (CSCO.US) fell by more than 7% and is now reported at $114.94. According to the news, Cisco announced strong results for the fourth fiscal quarter, but the first disclosed AI revenue forecast for the full year was far lower than the market's expectations based on order data, leaving investors disappointed. After the market on Wednesday, Cisco announced that revenue for the fourth fiscal quarter ending July 25, 2026 increased 18% year-on-year to US$17.3 billion, setting a single-quarter record. Adjusted earnings per share (EPS) were $1.22, all exceeding analysts' expectations. Non-GAAP adjusted earnings per share (EPS) increased 23% year over year to $1.22, more than 4% higher than market expectations; adjusted operating profit increased 23% year over year to US$6.2 billion, nearly 6% higher than market expectations, and adjusted operating margin reached 35.9%.