Networking supplier Cisco raised its fiscal 2027 hyperscaler AI-infrastructure revenue target to $9 billion; fiscal Q1 revenue reached $18.5 billion.

Cisco’s revised $9 billion target covers fiscal 2027 AI-infrastructure revenue from hyperscalers, not total company revenue. Fiscal Q1 revenue was $18.50 billion, compared with the $18.13 billion estimate cited by financialjuice.

The same earnings summary reports adjusted earnings per share of $1.40, above the $1.32 estimate, and adjusted gross margin of 65.6%, matching expectations. Service revenue was $3.85 billion, while remaining performance obligations were $46.17 billion, against respective estimates of $3.83 billion and $45.16 billion.

For fiscal Q2, Cisco forecast revenue of $18.0 billion–$18.2 billion, adjusted earnings per share of $1.34–$1.36, and adjusted gross margin of 65%–66%. These figures are guidance, separate from the completed Q1 results.

The financialjuice summary gives revised full-year revenue guidance of $74.8 billion–$75.8 billion, up from $72.2 billion–$73.4 billion, and adjusted earnings-per-share guidance of $5.47–$5.53, up from $5.05–$5.11. Other supplied Telegram messages contain conflicting full-year revenue figures; the figures used here are specifically those in the financialjuice earnings summary.