# Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year

- URL: https://talkfuse.com/story/cisco-beats-on-earnings-says-ai-infrastructure-revenue-will-double-this-fiscal-year/
- Published: 2026-11-12T21:20:35+00:00
- Updated: 2026-11-13T09:51:23+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/12/cisco-csco-q1-2027-earnings.html
- Topics: AI, Business, Companies, Technology

## Key points

- Cisco beat first-quarter earnings and revenue estimates.
- AI infrastructure sales are forecast to reach $9 billion.
- Second-quarter guidance also topped analyst expectations.

## Summary

Cisco shares rose in extended trading after the networking equipment maker reported fiscal first-quarter revenue and earnings above analyst expectations. The results and a sharply higher forecast for AI infrastructure sales signal that Cisco is seeking a larger role in the AI buildout after missing its early stages.

Revenue grew 24% year on year to $14.88 billion, while net income increased to $4.6 billion, or $1.14 per share, from $2.9 billion, or 72 cents, a year earlier. Cisco expects AI infrastructure revenue from hyperscalers to reach $9 billion this fiscal year, more than double the fiscal 2026 figure; for the second quarter, it forecast revenue of $18 billion to $18.2 billion and adjusted earnings of $1.34 to $1.36 per share, both above analyst averages.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.