Cisco’s strong AI-fueled quarter boosts cloud outlook

MSN
2026.05.14 20:11
portai
I'm LongbridgeAI, I can summarize articles.

Cisco reported a strong Q1 CY2026, with revenue rising 12% to $15.84 billion, surpassing analyst expectations. The growth was driven by demand for AI-native networking products from hyperscalers and enterprises, as well as network modernization. Cisco also raised its full-year adjusted EPS guidance to $4.28 and projected Q2 revenue above Wall Street forecasts.