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Benzinga
Benzinga
Business
Avi Kapoor

Why Cisco Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket

Cisco
Section,Of,A,Financial,Newspaper,Titled,Key,Movers

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) rose sharply in pre-market trading after the company reported upbeat financial results for the first quarter of fiscal 2026 and raised its fiscal 2026 guidance.

Cisco posted fiscal first-quarter revenue of $14.88 billion, beating analyst estimates of $14.77 billion. The networking equipment maker reported first-quarter adjusted earnings of $1.00 per share, beating analyst estimates of 98 cents per share, according to Benzinga Pro.

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