AI
Cisco's net income attributable to shareholders for the first quarter of fiscal year 2027 was US$4.552 billion, up 59% year on year.
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Silicon TL;DR
- Company and quarterly performance highlights: Cisco is the global leader in enterprise networking equipment, cybersecurity, and observability solutions. Its core business spans switches, routers, cybersecurity, and collaboration software, and it is a deep beneficiary of the networking equipment upgrade cycle driven by AI infrastructure buildout.
- The company reported revenue of $18.517 billion (approximately RMB 123.801 billion at current exchange rates), up 24% year over year—its strongest revenue growth in nearly 15 years.
- Product revenue rose 32% year over year, service revenue grew 1%, and networking revenue jumped 43%, with double-digit growth across all three regions: the Americas, EMEA, and APJC.
- GAAP net income attributable to shareholders was $4.552 billion (approximately RMB 30.434 billion at current exchange rates), up 59% year over year.
Wire brief
Paraphrased Silicon News Wire brief filed from IT Home. Open the Chinese edition (?lang=zh) for the full editorial rewrite.
Source & notice
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Read the original: 思科 2027 财年第一财季归母净利润 45.52 亿美元，同比增长 59%