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  • Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours (Jordan Novet/CNBC)
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    Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours (Jordan Novet/CNBC)

    May 13, 2026

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    The FTC says Shutterstock will pay $35 million to settle charges that Shutterstock misled consumers about its subscription plans and made it too difficult to cancel (Jonathan Stempel/Reuters)

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Home » Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours (Jordan Novet/CNBC)
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Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours (Jordan Novet/CNBC)

Stacey D. WallsBy Stacey D. WallsMay 13, 2026No Comments
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Jordan Novet / CNBC:

Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours— Shares of Cisco soared 15% in extended trading Wednesday after the networking company reported earnings and guidance that beat Wall Street projections.



billion Cisco compared CSCO cuts estimated Estimates forecasts fourthquarter hours jobs Jordan Jumps NovetCNBC reports revenue thirdquarter yearoveryear
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Musk vs. Altman: Microsoft Executive Michael Wetter Testifies Microsoft Spent More Than $100 Billion on OpenAI Partnership, Including Initial Investments (Bloomberg)

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