$CSCO delivered a clean Q4 FY26 beat, but the more important signal is broader networking demand beyond hyperscalers.
Revenue: $17.25B vs. $16.82B, BEAT by $433M / 2.6%.
Non-GAAP EPS: $1.22 vs. $1.17, BEAT by $0.05 / 4.3%.
Q1 FY27 non-GAAP EPS guide: $1.32-$1.34, with the
