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Published on 05/13/2026 at 04:08 pm EDT - Modified on 05/13/2026 at 04:12 pm EDT
(Corrects typographical error in paragraph 1)
May 13 (Reuters) - Cisco raised its annual revenue forecast on Wednesday, signaling that a surge in orders for its AI-powered networking equipment is set to drive growth.
The company now sees fiscal 2026 revenue in the range of $62.8 billion to $63 billion, compared with its earlier forecast of $61.2 billion to $61.7 billion.
(Reporting by Juby Babu in Mexico City; Editing by Shinjini Ganguli)
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