Cisco Earnings Beat, Revenue Outlook Above Estimates. But Shares Fall.

Cisco Systems (CSCO) late Wednesday reported fiscal fourth quarter earnings and revenue that topped estimates as artificial intelligence-related product orders accelerated. The company’s fiscal 2027 sales outlook for Cisco stock came in above expectations. CSCO stock initially edged up, then reversed down. The computer networking gear maker released earnings after the market close. For the period that ended July 25,…