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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.16

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Dec 26 9:30 AM EST

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To: JakeStraw who wrote (75788)	11/5/2008 4:12:36 PM
From: Eric	Read Replies (1) of 77400

Cisco Reports First Quarter Earnings Q1 Net Sales: $10.3 billion (increase of 8% year over year) Q1 Net Income: $2.2 billion GAAP; $2.5 billion non-GAAP Q1 Earnings per Share: $0.37 GAAP (increase of 6% year over year); $0.42 non-GAAP (increase of 5% year over year) Total Cash, Cash Equivalents and Investments: $26.8 billion SAN JOSE, Calif. - November 5, 2008 - Cisco, the worldwide leader in networking that transforms how people connect, communicate and collaborate, today reported its first quarter results for the period ended October 25, 2008. Cisco reported first quarter net sales of $10.3 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion or $0.37 per share, and non-GAAP net income of $2.5 billion or $0.42 per share. newsroom.cisco.com

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