Cisco Sys Results -2: 1Q Fincl Table, Comment -
05 Nov 16:31
Cisco Systems Inc. - San Jose 1st Quar Oct. 27: 2001 2000 Sales $4,448,000,000 $6,519,000,000 Net income (268,000,000) 798,000,000 Avg shrs (basic) 7,307,000,000 7,093,000,000 Avg shrs (diluted) 7,466,000,000 7,580,000,000 Shr earns (basic) Net income (.04) .11 Shr earns (diluted) Net income (.04) .11 Figures in parentheses are losses.
Cisco Systems Inc. (CSCO) reported pro forma earnings of$332 million, or 4 cents a share, excluding the effects of acquisition charges, payroll tax on stock option exercises and investment gains or losses.
Cisco's pro forma earnings beat analysts' consensus view of 2 cents a share, and revenue bested the consensus estimate of $4.19 billion.
For the year-ago period, the company posted pro forma earnings of $1.4 billion, or 18 cents a share.
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