By Shaun Pruitt
Publication Date: 2026-11-12 23:29:00
Cisco Systems CSCO) delivered record fiscal first-quarter results after the closing bell on Thursday, fueled by accelerating demand for AI infrastructure and networking solutions.
The technology giant also raised its full-year guidance, reinforcing confidence in its growth trajectory as the AI infrastructure buildout accelerates.
Shares rose 1% in today’s trading session and are up another 1% in after-hours trading, extending a +30% year-to-date gain.
Image Source: Zacks Investment Research
Cisco’s Record Q1 Results
Cisco reported record quarterly adjusted earnings of $1.40 per share, soaring 40% year over year and topping the Zacks EPS Consensus of $1.33 by 5%.
Revenue surged 24% to an all-time quarterly high of $18.52 billion, exceeding expectations of $18.13 billion by 2%.
Most exhilarating was that this marked Cisco’s strongest revenue and adjusted earnings growth in more…
