AI demand continues to exert force! Cisco (CSCO.US) Q4 revenue and profit exceed expectations, AI business annual revenue reaches 1 billion US dollars.

Zhixin Finance APP learned that Cisco (CSCO.US) has released its fourth quarter performance. In the fiscal fourth quarter ending on July 26, revenue increased by 7.6% to reach 14.7 billion US dollars. Excluding certain items, earnings per share were 99 cents. Market expectations were for revenue of 14.6 billion US dollars and earnings per share of 98 cents. Adjusted gross margin was 68.4%, slightly higher than the market expectation of 68.2%.