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AI IntelligenceMay 13, 2026Secondary Market
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CSCO

Cisco reported Q3 revenue up 12% YoY to $15.84B, beating estimates, and forecast Q4 revenue above expectations. The stock jumped over 17% in after-hours trading. The company also announced plans to cut nearly 4,000 jobs as part of a restructuring.

Data Cube AI EditorialSource: Techmeme
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Cisco reported Q3 revenue up 12% YoY to $15.84B, beating estimates, and forecast Q4 revenue above expectations. The stock jumped over 17% in after-hours trading. The company also announced plans to cut nearly 4,000 jobs as part of a restructuring.