Cisco beats on earnings, says AI infrastructure revenue will double this fiscal yearCisco shares rose in extended trading after the networking company topped fiscal first-quarter estimates, with adjusted earnings per share of $1.40 and revenue of $18.5 billion beating LSEG consensus. Cisco raised its forecast for AI infrastructure revenue from hyperscalers to $9 billion this fiscal year, more than double fiscal 2026, and guided second-quarter revenue and earnings above analyst estimates.