Cisco annonce les résultats de son premier trimestreGlattzentrum, le 11 novembre 2005 - Cisco Systems, Inc. annonce ses résultats pour le premier trimestre, clôturé au 29 octobre 2005.
Il est à rapprocher d'un profit net de 1,1 milliard de dollars pour le premier trimestre de l'année fiscale 2005. SAN JOSE, Calif. - November 9, 2005 - Cisco Systems, Inc., the worldwide leader in networking for the Internet, today reported its first quarter results for the period ended October 29, 2005. Net sales for the first quarter of fiscal 2006 were $6.5 billion, compared with $6.0 billion for the first quarter of fiscal 2005, an increase of 9.7 percent, and compared with $6.6 billion for the fourth quarter of fiscal 2005, a decrease of 0.5 percent. Net income for the first quarter of fiscal 2006, on a generally accepted accounting principles (GAAP) basis, was $1.3 billion or $0.20 per share which includes stock-based compensation expense of $228 million, net of tax, or $0.04 per share, due to the implementation of SFAS 123(R). Net income prior to fiscal 2006 did not include stock-based compensation expense. Including the pro forma stock-based compensation expense previously disclosed in Cisco's financial statements footnotes, net income for the first quarter of fiscal 2005 would have been $1.1 billion or $0.17 per share and net income for the fourth quarter of fiscal 2005 would have been $1.3 billion or $0.20 per share. Please refer to the table on page 8 for a quarter-to-quarter comparison of net income including the effect of stock-based compensation expense. Net income on a GAAP basis, which does not include the effect of stock-based compensation expense, for the first quarter of fiscal 2005 was $1.4 billion or $0.21 per share and for the fourth quarter of fiscal 2005 was $1.5 billion or $0.24 per share. Non-GAAP (pro forma) net income for the first quarter of fiscal 2006 was $1.6 billion or $0.25 per share, compared with $1.5 billion or $0.21 per share for the first quarter of fiscal 2005, and compared with $1.6 billion or $0.25 per share for the fourth quarter of fiscal 2005. A reconciliation between net income on a GAAP basis and non-GAAP (pro forma) net income is provided in a table on page 8. During the first quarter of fiscal 2006, Cisco completed the acquisitions of KiSS Technology A/S, Nemo Systems, Inc. and Sheer Networks, Inc. "Q1 was a solid quarter for Cisco, with balanced execution across most of our geographies, market segments and product categories," said John Chambers, president and CEO, Cisco Systems, Inc. "We are especially pleased with the improving business momentum in the U.S. and Asia Pacific, the strength of our product families and the accelerated growth of the commercial marketplace, which has become our fastest growing customer segment." Chambers continued, "Cisco's long-term product architecture strategy is taking hold. We are seeing an increased trend toward customers choosing integrated networking solutions that combine our core products with advanced technologies. By coupling routing and switching with our advanced technologies such as security, enterprise IP communications and wireless, Cisco's architectural approach is allowing customers to more effectively scale their IT operations. Going forward, we will continue to foster a culture of innovation, incorporating internal development, acquisitions and partnerships to anticipate the evolving needs of customers and extend our core competitive advantage." Cisco will discuss first quarter 2006 results and business outlook on a conference call and Webcast at 1:30 p.m. Pacific Time today. Call information and related charts are available at http://investor.cisco.com. Financial Highlights Cash flows from operations were $1.4 billion for the first quarter of fiscal 2006, compared with $1.5 billion for the first quarter of fiscal 2005, and compared with $2.4 billion for the fourth quarter of fiscal 2005. Cash and cash equivalents and investments were $13.5 billion at the end of the first quarter of fiscal 2006, compared with $16.1 billion at the end of the fourth quarter of fiscal 2005. During the first quarter of fiscal 2006, Cisco repurchased 194 million shares of common stock at an average price of $18.03 per share for an aggregate purchase price of $3.5 billion. As of October 29, 2005 , Cisco had repurchased and retired 1.7 billion shares of Cisco common stock at an average price of $18.14 per share for an aggregate purchase price of approximately $30.7 billion since the inception of the stock repurchase program. Days sales outstanding (DSO) in accounts receivable at the end of the first quarter of fiscal 2006 were 33 days, compared with 31 days at the end of the fourth quarter of fiscal 2005. Inventory turns on a GAAP basis were 6.5 in the first quarter of fiscal 2006, compared with 6.6 in the fourth quarter of fiscal 2005. Non-GAAP (pro forma) inventory turns were 6.4 in the first quarter of fiscal 2006. "Our performance this quarter demonstrated once again that our focus and execution on long-term financial priorities translates to sustained profitable growth and a strong competitive advantage," said Dennis Powell, chief financial officer, Cisco Systems. "Non-GAAP (pro forma) quarterly earnings per share of $0.25, net income of $1.6 billion, and 68.5 percent product gross margins are all strong indicators of the momentum we're achieving in our business, while we continue to ramp resources for continued execution throughout the fiscal year." Business Highlights
A propos de Cisco Systems: Cisco Systems, Inc. (NASDAQ : CSCO), dont le siège est situé à San José (CA), est à l'échelle mondiale le premier fournisseur de technologies de réseau pour Internet avec un chiffre d'affaires de 22,0 milliards de dollars américains (31 juillet 2004) . La filiale suisse Cisco Systems (Switzerland) GmbH a son siège principal à Glattzentrum dans les environs de Zurich avec des succursales à Gland et à Berne . Vous trouverez des informations sur Cisco à l'adresse http://www.cisco.com . Les communiqués actuels sont disponibles à l'adresse http://newsroom.cisco.com . |
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