Cisco Reports Record Q1 FY2027 Revenue and Projects $9 Billion in AI Infrastructure Sales
Cisco Systems (CSCO) reported a strong start to fiscal year 2027, achieving record quarterly revenue of $18.5 billion and non-GAAP earnings per share of $1.40. Management characterized these results as the company's strongest top and bottom-line growth rates in recent history. Looking ahead, Cisco provided a revenue guidance range of $74.8 billion to $75.8 billion for fiscal year 2027. A significant driver of future growth is expected to be the hyperscaler segment, with the company projecting approximately $9 billion in revenue specifically from AI infrastructure.
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