Cisco Books $4B AI Orders, Beats Estimates, Stock Falls 9%
· financefeeds.com
Cisco booked $4 billion of hyperscaler AI orders in Q4 and guided above consensus, but adjusted gross margin fell to 66.3% and the stock dropped 9.3%.
Cisco Booked $4 Billion of AI Orders in One Quarter, Beat Revenue and EPS, and the Stock Still Fell
Cisco delivered the kind of earnings report that would norm...