# Cisco shares rally after earnings beat: 6 key things investors need to know — retained record

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-11-13 07:40 ingested 2026-11-14 03:04

[original source ↗](https://economictimes.indiatimes.com/markets/us-stocks/news/cisco-shares-rally-after-earnings-beat-6-key-things-investors-need-to-know/slideshow/135794957.cms)

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Cisco shares gain in after-hours trading on November 12 after the networking equipment maker beats Wall Street estimates for its fiscal first quarter and raises its full-year outlook. Strong demand for AI data-centre infrastructure and accelerating networking sales drive the upbeat performance. (Sources: MarketScreener, Nacionale)
Cisco reports revenue of $18.5 billion for the first quarter of fiscal 2027, marking a 24% increase from a year earlier. Adjusted earnings rise 40% to $1.40 per share. Both figures beat analyst estimates of $18.11 billion in revenue and $1.32 per share in earnings. The company records its strongest revenue and adjusted earnings growth rates in more than 15 years.
AI-related investments emerge as a major growth driver for Cisco. Networking revenue surges 43% to approximately $11.1 billion in the September quarter, while total product revenue increases 32%. Cisco benefits from rising demand for networking equipment used to connect and manage large AI data centres.
Cisco raises its fiscal 2027 AI infrastructure revenue forecast from hyperscalers to $9 billion, more than double the amount recorded in fiscal 2026. The upgraded target highlights the growing contribution of AI data-centre investments to its networking business.
Cisco raises its fiscal 2027 revenue forecast to $74.8 billion-$75.8 billion, compared with its earlier estimate of $72.2 billion-$73.4 billion. Its adjusted earnings guidance also increases to $5.47-$5.53 per share from $5.05-$5.11.
Cisco forecasts second-quarter fiscal 2027 revenue of $18 billion-$18.2 billion and adjusted earnings of $1.34-$1.36 per share. The earnings guidance is above analysts' expectations of $1.23 per share. Strong AI infrastructure demand, improving networking sales and an upgraded annual outlook reinforce investor optimism about the company's growth prospects. (Disclaimer: This slideshow is based on inputs from agencies. These do not represent the views of The Economic Times)
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