Channel NewsAsia
Channel NewsAsia
AsiaPac · 9 mins ago

Cisco forecasts upbeat annual revenue

The logo of U.S. networks giant Cisco Systems is seen in front of their headquarters in Issy-les-Moulineaux, near Paris, France August 6, 2022. REUTES/Sarah Meyssonnier 13 Aug 2026 04:10AM Aug 12 : Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.The networking giant expects annual revenue between $72.2 billion and $73.4 billion, compared with analysts' average estimate of $68.69 billion, according to data compiled by LSEG. Source: Reuters
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