Cisco Systems Reports Bullish Second Quarter Results

Cisco® reported its second quarter results for the period ending January 26th, 2008. The company reported second quarter net sales of $9.8 billion and net income of 2.1 billion or $0.33 per share as per the Generally Accepted Accounting Principles (GAAP). Non-GAAP net income stands at $2.4 billion or $0.38 per share.

Cisco has continued to achieve record results in the global market and is very effectively managing its various products and services with an aim to achieve highest customer satisfaction. Cisco maintains a competitive edge with its consistent performance and long-term vision.

“Cisco is at the forefront of the networking technologies world, with the determination and drive to achieve maximum customer satisfaction and maintain its edge with superior product offerings and services”, said Dr. Aamir Matin, General Manager of Cisco Pakistan.

With continuously increasing demands for networking technologies, the company’s performance is an indicator of how fast the global technology industry is growing. With net sales for the first six months of the fiscal year 2008 at $19.4 billion, they have improved their fiscal 2007 earnings by almost $3 billion. With such rapid growth, Cisco is showing very positive signs for the growing technology and networking industry, worldwide.

Cisco is the world leader in networking technologies and continues to revolutionize how people communicate.

About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, visit http://newsroom.cisco.com.