Cisco Reports Strong Earnings Amid AI Infrastructure Boom

Cisco Systems Inc. narrowly surpassed analyst expectations with fiscal Q4 adjusted earnings of 99 cents per share on $14.7 billion revenue, marking an 8% annual increase. The networking giant's AI infrastructure orders exceeded $2 billion annually—doubling its initial target—offsetting weaker performance in security and observability segments.

CEO Chuck Robbins positioned the results as a springboard for what he called a "massive opportunity" in AI infrastructure development. The company forecasts Q1 revenue between $14.65 billion-$14.85 billion with EPS of 97-99 cents, aligning closely with Wall Street projections.

Despite the bullish outlook, shares dipped 2% in after-hours trading. The stock remains up approximately 20% year-to-date, reflecting investor confidence in Cisco's AI infrastructure play.