The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs.
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The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs.
The Nasdaq Composite and the S&P 500 reached fresh peaks on Wednesday, buoyed by a rally in technolo
Cisco (CSCO) delivered earnings and revenue surprises of +1.92% and +1.71%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Cisco Systems (NASDAQ:CSCO) reported third-quarter financial results on Wednesday. The transcript from the company's third-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. View the webcast at https://events.q4inc.com/attendee/657245031 Watch the full earnings call below: Summary Cisco Systems reported record Q3 revenue of $15.8 billion, up
Investing.com -- Cisco Systems on Wednesday said that it was restructuring its business to focus on growth areas, including AI after it posted record revenue in its third quarter earnings, sending its shares up 11% in extended trading.
16% That’s how much Cisco Systems’ shares were up recently in after-hours trading following the company’s Wednesday announcement that it was cutting jobs as part of shift toward high-growth parts of its business, including artificial-intelligence infrastructure.
Gainers Cisco Systems (NASDAQ:CSCO) stock moved upwards by 15.9% to $118.06 during Wednesday's after-market session. The market value of their outstanding shares is at $392.1 billion. As per the press release, Q3 earnings came out today. Wrap Technologies (NASDAQ:WRAP) stock moved upwards by 11.11% to $1.6. The company's market cap stands at $79.3 million. The company's, Q1 earnings came out today. Innoviz Technologies (NASDAQ:INVZ) stock moved upwards by 9.1% to $1.0. The company's market cap s
The S&P 500 and Nasdaq ran higher, led by Google, Nvidia, Tesla and other titans. Cisco earnings beat while AI chipmaker Cerebras will price its IPO.
Cisco Systems' (CSCO) fiscal third-quarter results exceeded Wall Street's estimates, while the netwo
Cisco reported fiscal Q3 earnings and revenue that topped estimates. Cisco stock, which hit a record high on Wednesday, climbed on the news.
(Updates with details of restructuring plan and dividend in the eighth and ninth paragraphs.) Cis
Cisco Systems Inc (NASDAQ:CSCO) reported financial results for the third quarter of fiscal 2026 after the market close on Wednesday. Here’s a look at the key details from the report. Cisco Systems stock is approaching key resistance levels. What’s driving CSCO to record levels? Cisco Q3 Earnings Highlights Cisco posted third-quarter revenue of $15.84 billion, beating analyst estimates of $15.56 billion. The networking equipment company reported adjusted earnings of $1.06 per share for the quarte
Networking technology giant Cisco (NASDAQ:CSCO) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 12% year on year to $15.84 billion. On top of that, next quarter’s revenue guidance ($16.8 billion at the midpoint) was surprisingly good and 6.5% above what analysts were expecting. Its non-GAAP profit of $1.06 per share was 2.3% above analysts’ consensus estimates.
Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
Cisco earnings are coming after the close. Memory costs have been surging, and that’s hurt tech hardware companies’ margins.
Cisco Systems (NasdaqGS:CSCO) has joined a new multi source agreement to set open standards for expanded beam optical connectivity in AI data centers. The alliance includes Meta, AMD, Arista Networks, Oracle, and others focused on interoperable connector technology for AI infrastructure. The group aims to reduce deployment hurdles and improve reliability in rapidly scaling AI data center networks. Cisco Systems enters this standards effort with a recent share price of $99.29 and strong...
Cisco Systems, Inc. (NASDAQ:CSCO) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Cramer had a mixed view on the stock, as he commented: Now, Cisco reports this night, and I gotta tell you, its stock’s galloping like 1999. Cisco’s just […]
Cisco Systems, Inc. will release earnings for its third quarter after the closing bell on Wednesday, May 13. Analysts expect the company to report quarterly earnings of $1.04 per share, up from 96 cents per share in the year-ago period....
Cisco Systems, Inc. (NASDAQ:CSCO) will release earnings for its third quarter after the closing bell on Wednesday, May 13. Analysts expect the company to report quarterly earnings of $1.03 per share, up from 96 cents per share in the year-ago period. The consensus estimate for Cisco’s quarterly revenue is $15.56 billion (it reported $14.15 billion last year), according to Benzinga Pro. The company has beaten analyst estimates for revenue in 15 straight quarters. View more earnings on CSCO Shares
June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.
U. S. stock index futures traded near unchanged levels on Wednesday as investors monitored President Donald Trump’s upcoming trip to China and prepared for another round of corporate earnings and economic developments.
View more earnings on CSCO With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Cisco Systems Inc. (NASDAQ:CSCO) to report quarterly earnings at $1.03 per share on revenue of $15.56 billion after the closing bell, according to data from Benzinga Pro. Cisco shares gained 0.2% to $99.53 in after-hours trading. MaxCyte Inc. (NASDAQ:MXCT) reported better-than-expected first-quarter financial results
After Tuesday’s inflation report, focus turns to President Trump’s long-awaited visit to China, with the Iran war and tariffs likely to be central topics. Meanwhile, the OpenAI-Elon Musk trial continues in California and earnings are expected from companies including Cisco Systems.
Although Wall Street is sitting at fresh record highs, with the benchmark S&P 500 up 8% year to date and the technology-packed NASDAQ Composite riding a relentless AI capex wave, the bond market is telling a very different story this week. Per CME FedWatch as of late Monday, market-implied odds of a Federal Reserve rate ... Rate Cut Odds Just Collapsed to 5%. History Says This Is When Record Highs Get Tested.
Options traders believe Cisco stock will extend gains after Q3 earnings on May 13. Freedom Capital’s Jay Woods also remains bullish on CSCO shares heading into the earnings print.
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 13, including President Trump's meeting with Chinese President Xi, Alibaba (BABA) and Cisco (CSCO) earnings, April's Producer Price Index (PPI) data, and commentary from Federal Reserve officials.