Cisco reports first-quarter EPS of $1.14

Cisco reported record first-quarter fiscal 2027 revenue of $18.5 billion, up 24% year over year, with GAAP diluted EPS of $1.14 and non-GAAP diluted EPS of $1.40. GAAP net income rose to $4.6 billion, while non-GAAP net income reached $5.6 billion. The company raised its fiscal 2027 revenue and non…