Cisco Systems, Inc. reported robust financial results for the second quarter of fiscal 2026, exceeding expectations with record revenue of $15.1 billion and non-GAAP EPS of $1.02. This strong performance was primarily driven by significant artificial intelligence (AI) infrastructure orders totaling $1.3 billion from webscale customers. The successful integration of its Splunk acquisition also played a crucial role in bolstering the company's growth. Following the announcement, CSCO shares rose by 0.65%, reflecting positive investor sentiment. The stock reached a new 52-week high, underscoring the market's confidence in Cisco's strategic direction. These results highlight Cisco's strong momentum in key growth areas like AI and cybersecurity.
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