Cisco Reports Q2 update from February 2008
Cisco reports second quarter earnings
February 7, 2008
SAN JOSE, Calif. -- Cisco(R) (NASDAQ: CSCO), the worldwide leader in networking thattransforms how people connect, communicate and collaborate, todayreported its second quarter results for the period ended January 26,2008. Cisco reported second quarter net sales of $9.8 billion, netincome on a generally accepted accounting principles (GAAP) basis of$2.1 billion or $0.33 per share, and non-GAAP net income of $2.4billion or $0.38 per share.
"Cisco delivered another solid quarter with strong revenue and ordergrowth driven by a broad base of geographies, products, services andcustomer markets," said John Chambers, chairman and CEO, Cisco."Cisco's ability to understand market transitions, whether technologyor business model-based, continues to be a key contributing factor toour long-term success."
Cisco Systems Inc.
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