Guide Note
CSCO is the stock symbol for network equipment supplier Cisco Systems, Inc. This page features the best available information concerning Cisco stock.
Fast Facts
- Stock symbol: CSCO (NASDAQ)
- Annual revenue (2007): $34.9 billion1
- Founders: Leonard Bosack and Sandra Lerner
- Year established: 19842
- Went public: February 16, 19902
- Industry: Computer networking
- Phone: 800-553-6387, 408-526-4000
- Fax: 408-526-4100
- HQ: San Jose, California2
- President/CEO: John T. Chambers3
- CFO: Frank Calderoni4
- Staff: 65,2252
August 2008 Earnings Announcement
Cisco Systems "just beat" analysts' expectations regarding its fiscal fourth quarter earnings, according to Forbes. Despite an "economic downturn," the company's net sales during the period totaled $10.4 billion, 9.9% higher than the same quarter last year.5
Cisco Systems also earned a net income of $2.0 billion in the fiscal fourth quarter, a 4.4% increase from the previous year.6
Cisco Chairman John Chambers predicted that "economic recovery" would start in early 2009. As a result, he expected only a respective 8% and 8.5% revenue growth in the company's upcoming fiscal first and second quarters.7
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