04:45 PM EDT, 08/13/2025 (MT Newswires) -- Cisco Systems' ( CSCO ) fiscal fourth-quarter results surpassed Wall Street's estimates as demand for the networking equipment maker's products grew.

Adjusted per-share earnings rose to $0.99 during the three months ended July 26 from $0.87 a year earlier, beating the $0.98 consensus estimate on FactSet. Revenue increased 8% to $14.67 billion, compared with the Street's $14.62 billion view.

Product sales grew 10% to $10.89 billion, driven by double-digit gains in networking. The services segment edged higher to $3.79 billion from $3.78 billion. Artificial intelligence infrastructure orders from web-scale customers topped $800 million, lifting the full-year tally above $2 billion, compared with the company's original $1 billion target.

Tigress Financial Intelligence was expecting strong results driven by order growth from webscale customers and hyperscalers.

"Cisco ( CSCO ) continues to benefit from high-speed AI-driven data center network connectivity driven by robust demand for its AI-driven network infrastructure," Tigress said in a note on Monday.

Cisco ( CSCO ) forecasts fiscal 2026 adjusted EPS of $4 to $4.06 on revenue between $59 billion and $60 billion. Analysts polled by FactSet expect normalized EPS of $4.02 and revenue of $59.39 billion.

For the first quarter, Cisco ( CSCO ) projects adjusted EPS of $0.97 to $0.99 and revenue between $14.65 billion and $14.85 billion. The consensus estimates are $0.97 and $14.62 billion, respectively.

Shares were down 2.5% in after-hours trade. The stock has gained nearly 19% so far this year.