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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (10194)11/4/1997 7:00:00 PM
From: NicholasC  Read Replies (1) | Respond to of 77400
 
Brian help. Cisco Systems Inc. Posts $0.48 vs. $0.26 1Q EPS;Sales Up 30%

CISCO SYSTEMS INC. Interim Consol. Earns.: Oct. '97--Thou. $

3 Mos. to:ÿOct. 25 '97ÿ Oct. 26 '96
ÿ
Net salesÿ1,868,717ÿ 1,434,826ÿ
R&D chargeÿ127,191ÿ 174,589ÿ
Realized gain on investmentsÿ5,411 ÿ 55,108ÿ
Net bef. taxÿ517,746ÿ 389,746ÿ
Income taxÿ181,211ÿ 208,804ÿ
Net incomeÿ336,535 ÿ 180,942ÿ
*Sh. earns.ÿ$0.48 ÿ$0.26ÿ
ÿ
*Avge. shs.: 1997-704,390,000; 1996-682,918,000.

Nov. 4, 1997, Cisco Systems Inc. announced a Oct. '97 three-month earnings per share of $0.48 vs $0.26 for same period a year ago.

I am worried that people will not see the .59 earnings and only think that CSCO only earned .48

Why did they post this???

NC