Summary
This 8-K filing from Cisco Systems, Inc. (CSCO) on November 9, 2004, primarily serves to report the company's financial results for its fiscal first quarter ended October 30, 2004. The report highlights that Cisco is providing both GAAP (Generally Accepted Accounting Principles) and pro forma financial measures, including net income and earnings per share. The company emphasizes that these pro forma measures are presented to offer investors a clearer understanding of ongoing operating performance and business trends, as they are believed to provide a more meaningful view of the company's performance alongside traditional GAAP figures. Management also utilizes these pro forma metrics for internal review. Investors should note that this 8-K is a voluntary disclosure of earnings and does not contain any new material events or significant strategic shifts. The core information is the quarterly earnings announcement, which is furnished as an exhibit. The filing also includes standard legal disclaimers regarding the use of forward-looking statements and the non-filing status of the furnished information under certain sections of SEC rules, reinforcing that this is primarily an earnings release announcement.
Key Highlights
- 1Cisco Systems, Inc. reported its fiscal first quarter 2005 results for the period ended October 30, 2004.
- 2The company issued a press release containing these financial results, furnished as Exhibit 99.1 to the 8-K.
- 3Cisco provided both GAAP and pro forma net income and earnings per share figures in its earnings release.
- 4The pro forma measures are intended to give investors a better understanding of the company's ongoing operating performance and business trends.
- 5Management uses pro forma measures internally for reviewing financial results.
- 6The filing includes standard legal disclaimers concerning the presentation of financial information and its incorporation by reference.