Cisco posted record Q3 revenue of $15.8 billion and nearly doubled its AI orders target to $9 billion, but shares retreated from post-earnings

Cisco (CSCO) to release Q4 earnings on Aug. 12, expected EPS $1.17 and revenue $16.83B. Recent financial results beat expectations and raised guidance.

Cisco Systems Inc. (NASDAQ: CSCO) shares are up Wednesday morning as traders position for the company’s fourth-quarter earnings report.