Cisco raises annual revenue forecast on strong AI networking demand
A visitor looks at his mobile next to Cisco logo at the Mobile World Congress (MWC) at Fira de Barcelona, in Barcelona, Spain, March 3, 2026. REUTERS/Nacho Doce
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Nov 12 : Cisco raised its full-year revenue forecast on Thursday, betting on strong demand for its AI networking equipment and cybersecurity tools.
The company expects fiscal 2027 revenue in the range of $74.8 billion to $75.8 billion, compared with its previous forecast of $72.2 billion to $73.4 billion.
Source: Reuters
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