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Cisco Q1 revenue rises 24% to $18.5B, raises hyperscaler AI target to $9B

Cisco reported fiscal Q1 2027 on Nov. 12: revenue $18.5B (up 24%), non-GAAP EPS $1.40, networking revenue $11.13B (up 43%). It raised FY27 revenue guidance to $74.8B-$75.8B and now expects about $9B of hyperscaler AI infrastructure revenue, more than double FY26.

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Ciscoprnewswire.com/news-releases/cisco-reports-first-quarter-earnings-302938394.html

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