Cisco Systems is trading at €103.78 (+5.04%) after reporting record fiscal Q3 revenue of $15.8 billion and beating EPS estimates. The company also raised its FY2026 outlook, pointing to stronger demand for AI infrastructure and networking.
- Total product orders rose 35% year-over-year, signaling a significant acceleration in demand.
- AI infrastructure orders from hyperscalers reached $1.9 billion in the quarter, reinforcing the earnings-driven move.