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00:02Cisco reported third-quarter revenue and adjusted earnings that exceeded analyst estimates,
00:07according to Benzinga Pro. The company reported adjusted third-quarter earnings of $1.06 per
00:13share on $15.84 billion in revenue, surpassing analyst estimates of $1.03 per share and $15.56
00:21billion. Revenue increased 12% year-over-year as product revenue rose 17% and services revenue
00:29fell 1%. Cisco generated $3.8 billion in operating cash flow, down 7% year-over-year, and ended the
00:38quarter with $16.6 billion in cash, cash equivalents, and investments. Forecast's fourth-quarter revenue
00:45is set at $16.7 billion to $16.9 billion and adjusted earnings at $1.16 to $1.18 per
00:53share
00:53above analyst estimates. The company said it has received $5.3 billion in orders year-to-date,
00:59and raised its fiscal 2026 order outlook to $9 billion from prior guidance of $5 billion.
01:07Shares were up by 15.93% at $118.10 at Wednesday's close, according to Benzinga Pro.
01:15For all things money, visit Benzinga.com.
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