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Stock impact report

Cisco's stock drops 7% on mediocre forecast even as earnings and revenue top estimates [CNBC]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: CNBC
Networking revenue increased 21% in the period. The company announced a switch that contains an Nvidia processor during the quarter. In this article Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here's how the company did in comparison with LSEG consensus: Earnings per share: $1.04 adjusted vs. $1.02 expected Revenue: $15.35 billion vs. $15.12 billion expected Cisco's revenue grew about 10% from $14 billion a year earlier, according to a statement . Net income increased to $3.18 billion, or 80 cents per share, from $2.43 billion, or 61 cents per share, in the same quarter a year ago. The adjusted figure excludes stock-based compensation costs. For the current period, Cisco expects $1.02 t Show less Read more
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