For the year Cisco revenues rose by 7%| 17.08.2012
Cisco has published the results of its activities in fiscal year 2012 (ended July 28).
For the year revenue grew 7% to $46.1 billion, net profit increased by 24%, reaching $8 billion (calculated according to the principles of GAAP) or $10 billion when calculating without the use of GAAP principles.
The net profit per share of Cisco in fiscal year 2012 totaled $1,49 calculated according to the principles or GAAP of $1,85 in the calculation without the use of these principles.
These outcomes are largely due to the results of the work of Cisco in the fourth quarter ended financial year, when net sales reached $11.7 billion, and net income of $1.9 billion (at
the calculation principles GAAP), or $2.5 billion without the use of these principles.
As at the end of the fourth quarter of fiscal year 2012 cash, cash equivalents and investments for Cisco reached $48.7 billion For comparison: at the end of the previous quarter this
the figure was $48.4 billion, a year ago – $44,6 billion.
During fiscal 2012, Cisco repurchased 262 million shares of common stock for a total of $4.4 billion Thus, from the beginning of this program, the company repurchased and withdrawn from circulation 3.7 billion
common stock totaling approximately $76.1 billion. In the framework of this programme, Cisco is left to buy back shares worth about $5.9 billion completion date of the program is undefined.
During the 2012 fiscal year, Cisco paid its shareholders dividends totaling $1.5 billion.