By Reuters
Publication Date: 2026-08-12 20:08:00
Aug 12 (Reuters) – Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.
The networking giant expects annual revenue between $72.2 billion and $73.4 billion, compared with analysts’ average estimate of $68.69 billion, according to data compiled by LSEG.
(Reporting by Juby Babu in Mexico City; Editing by Shinjini Ganguli)
