Summary
This Form 8-K filing by Cisco Systems, Inc. (CSCO) on August 9, 2005, reports the company's financial results for its fourth fiscal quarter and full fiscal year ended July 30, 2005. The filing primarily serves to furnish a press release containing these results, which provides investors with key operational and financial performance data. Cisco's management uses both GAAP and pro forma measures to present a more comprehensive understanding of the company's financial trends and ongoing performance.
Key Highlights
- 1Cisco Systems, Inc. (CSCO) reported its Q4 and full fiscal year 2005 financial results on August 9, 2005.
- 2The 8-K filing includes a press release (Exhibit 99.1) detailing the company's performance for the period ending July 30, 2005.
- 3The company reports financial results in accordance with Generally Accepted Accounting Principles (GAAP).
- 4Cisco also provides pro forma net income and pro forma net income per share as supplementary information.
- 5Management believes pro forma measures offer additional insights into financial and business trends, complementing GAAP reporting.
- 6These pro forma metrics are used internally by Cisco's management for reviewing financial results.
- 7The filing emphasizes that the furnished information is not incorporated by reference into other filings unless expressly stated.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially report Cisco Systems, Inc.'s financial results for its fourth fiscal quarter and the full fiscal year ended July 30, 2005, by furnishing the related press release.
Pro forma financial measures are non-GAAP financial metrics that Cisco provides to give investors additional insight into its operating results and financial trends. Management believes these measures, when viewed alongside GAAP results, offer a more meaningful understanding of the company's ongoing performance and are used internally for review.
This 8-K filing itself does not contain the specific financial figures. Instead, it references and furnishes a press release (Exhibit 99.1) that contains the detailed results of operations for the fiscal fourth quarter and fiscal year ended July 30, 2005.
No, the pro forma net income and pro forma net income per share presented by Cisco are not in accordance with Generally Accepted Accounting Principles (GAAP) and may differ from pro forma measures used by other companies.