Cisco Hits USD 8.2 Bln Net Sales in First Quarter 2006
Cisco has reported its first quarter net sales of USD 8.2 billion, net income on a Generally Accepted Accounting Principles (GAAP) basis of USD 1.6 billion or USD 0.26 per share, and non-GAAP net income of USD 1.9 billion or USD 0.31 per share.
In a public statement, Cisco’s CEO John Chambers boasted that the company "achieved, a 25 per cent year-over-year increase and a Cisco standalone increase of approximately 16 percent, which was above our standalone guidance of 11 to 13 percent," adding, "this is the fastest standalone year-over-year revenue growth rate we have seen in several years."
Read More on:SDA India
In a public statement, Cisco’s CEO John Chambers boasted that the company "achieved, a 25 per cent year-over-year increase and a Cisco standalone increase of approximately 16 percent, which was above our standalone guidance of 11 to 13 percent," adding, "this is the fastest standalone year-over-year revenue growth rate we have seen in several years."
Read More on:SDA India
posted by ITBusiness at 10:23 PM
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