Cisco Systems (NASDAQ: CSCO) reported fiscal Q3 2026 earnings last night.
Investors loved what they saw, and the stock is up by 17% at 10 a.m
ET. Cisco crushed expectations This was a clean beat-and-raise report. Cisco’s Q3 sales rose 12% year over year to $15.8 billion.
Adjusted earnings increased 10% to $1.06 per diluted share. The Street consensus had pointed to earnings near $1.04 per share on sales of roughly $15.5 billion. Looking ahead, Cisco’s management also set full-year and next-quarter guidance targets well above the current analyst projections.