Summary
Cisco Systems, Inc. (CSCO) filed an 8-K on August 10, 2004, to report its financial results for the fiscal fourth quarter and full fiscal year ended July 31, 2004. The filing primarily references a press release (Exhibit 99.1) which contains the detailed financial outcomes. Investors should note that while Cisco provides results under Generally Accepted Accounting Principles (GAAP), it also presents pro forma net income and earnings per share. The company asserts that these non-GAAP measures offer valuable insights into business trends and ongoing operating performance, supplementing the GAAP figures for a more comprehensive understanding.
Key Highlights
- 1Cisco Systems reported its financial results for the fiscal fourth quarter and full fiscal year ended July 31, 2004.
- 2The detailed financial information is contained within a press release furnished as Exhibit 99.1.
- 3The company reports its results in accordance with Generally Accepted Accounting Principles (GAAP).
- 4Cisco also provides pro forma net income and pro forma net income per share in addition to GAAP figures.
- 5The pro forma measures are presented to offer investors a clearer view of business trends and ongoing operating performance.
- 6Management utilizes these pro forma metrics for reviewing the company's financial results.
- 7The filing was made on August 10, 2004, with the event date being August 9, 2004.
Frequently Asked Questions
The main purpose of this 8-K filing is to report Cisco Systems, Inc.'s financial results for its fiscal fourth quarter and the full fiscal year ended July 31, 2004. A press release containing these results is attached as an exhibit.
No, Cisco reports its financial results in accordance with Generally Accepted Accounting Principles (GAAP). However, it also provides pro forma net income and pro forma net income per share as supplementary information to help investors better understand its operating results and ongoing performance.
Cisco believes that presenting pro forma net income and earnings per share alongside GAAP figures offers a more meaningful understanding of the company's ongoing operating performance and business trends. Management also uses these pro forma measures for internal review.
The detailed financial results for the fiscal fourth quarter and full fiscal year ended July 31, 2004, are provided in the press release furnished as Exhibit 99.1 to this 8-K filing.