Cisco's Transition to AI: Earnings in Focus Amid Evolving Strategy

2 months ago

Scarlet Fu

"You're also you're also looking at another big tech name. >> Well, not quite so big. It once was big. >> Exactly. Shall we say it's an old school tech name in given the context of today's AI boost and this is Cisco and we're looking at shares of ticker for that is CSCO and shares up slightly like about half a percent and we're looking ahead to their earnings after the bell, scarlet. You know, the expectation is that first quarter EPS will rise 5.8% and revenue is projected to climb uh 5.3% for fiscal 2026 and then decelerate modestly over the next few years."

The discussion centers on Cisco's modest gains and upcoming earnings, noting a cautious outlook as the company works to catch up in the AI space despite a solid performance track record.

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