Cisco Systems, Inc. (CSCO) Q3 2026 Earnings Call Transcript
Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.
"People have correctly stayed the course" by looking at earnings, says Michael Landsberg, noting the strength U.S. muscled for the rest of the markets. He talks about how there's much more than Nvidia
The headline numbers for Cisco (CSCO) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates
Cisco Systems (CSCO) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.96 per share a year ago.
Cisco plans to cut about 4,000 jobs to refocus on AI, affecting less than 5% of its workforce. Despite layoffs, Cisco sees strong quarterly results and raises sales forecast on AI demand.

Cisco Systems Q3 Earnings Call Highlights

06:06pm, Wednesday, 13'th May 2026
Cisco Systems NASDAQ: CSCO reported record fiscal third-quarter revenue and raised its expectations for artificial intelligence infrastructure orders, as executives said demand accelerated across hype
Cisco's stock soars into record territory, after the networking giant announced plans to invest more in AI and upbeat earnings report.
Cisco Systems (CSCO) shares are extending gains in after-hours trading after the company posted a “beat and raise” signaling a robust recovery in enterprise networking and a massive acceleration i
Cisco's fourth-quarter sales forecast topped estimates and the company announced plans to cut thousands of jobs. Lindsey Bell of 248 Ventures reacts to the report on "Bloomberg The Close.
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.
Cisco reported TK Heading into earnings, Wall Street was showing increased optimism around the Cisco, which has trailed many of its data center peers during the AI boom.

Cisco raises annual revenue forecast

04:09pm, Wednesday, 13'th May 2026
Cisco ‌raised its annual revenue forecast on ​Wednesday, ​signaling that a surge ⁠in orders ​for its ​AI-powered networking equipment is set to ​drive growth.

CISCO REPORTS THIRD QUARTER EARNINGS

04:05pm, Wednesday, 13'th May 2026
SAN JOSE, Calif., May 13, 2026 /PRNewswire/ -- News Summary: Double-digit top and bottom-line growth exceeding the high end of our guidance Record revenue of $15.8 billion, up 12% year over year; GAAP
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