{"id":1028697,"date":"2026-08-14T07:16:29","date_gmt":"2026-08-14T01:46:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1028697"},"modified":"2026-08-14T07:18:36","modified_gmt":"2026-08-14T01:48:36","slug":"cisco-forecasts-fy27-revenue-above-estimates-on-sustained-ai-spending-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/14\/cisco-forecasts-fy27-revenue-above-estimates-on-sustained-ai-spending-2\/","title":{"rendered":"Cisco forecasts FY27 revenue above estimates on sustained AI spending"},"content":{"rendered":"<p>Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong \u200cdemand for its \u2060AI \u2060networking gear will continue to power growth. <\/p>\n<p>Shares of the company, however, fell over 4% after initially rising 3% in extended trading following the results, as investors had lofty expectations heading into the report. Cisco&#8217;s stock has risen more than 60% so far this year. <\/p>\n<p>While the company cleared a high bar, AI infrastructure winners are increasingly being judged on the rate of acceleration, said \u2060Jake Behan, \u200cDirexion&#8217;s head of capital markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong \u200cdemand for its \u2060AI \u2060networking gear will continue to power growth. Shares of the company, however, fell over 4% after initially rising 3% in extended trading following the results, as investors had lofty expectations heading into the report. Cisco&#8217;s stock has risen more than 60% so far this year. While the company cleared a high bar, AI infrastructure winners are increasingly being judged on the rate of acceleration, said \u2060Jake Behan, \u200cDirexion&#8217;s head of capital markets.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1028697","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1028697"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028697\/revisions"}],"predecessor-version":[{"id":1028718,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028697\/revisions\/1028718"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1028697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1028697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1028697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}