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Cisco Systems Inc. reported record revenue and earnings for its first quarter of fiscal 2027, with growth rates being the best in more than 15 years. Management raised its full-year outlook and AI infrastructure revenue target, driven by hyperscale AI, campus refresh, and sovereign infrastructure needs.
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Summary by ByteBrief

Cisco reports Q1 revenue up 24% YoY to $18.5B, above $18.14B est., adjusted EPS above estimates, and raises its FY 2027 revenue forecast (Anzar Mehraj/Reuters)
Cisco Doubles AI Revenue Forecast for 2027

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