Cisco to beat Q2 forecasts, shares gain

8:09am 02/06/02  Cisco to beat Q2 forecasts, shares gain (CSCO)

By Tomi Kilgore
Cisco Systems (CSCO) said an internal memo regarding its fiscal 2002 financial results was "prematurely and inadvertently distributed" to a large number of employees after the close of trading on Tuesday. "We felt it was necessary to disclose this information publicly, given the broad internal distribution of the communication," said Larry Carter, Cisco's chief financial officer. "So as to minimize any potential confusion, the results we announce this afternoon will exceed the current consensus estimates of earnings per share and revenues for the second quarter of our fiscal year." The company said it would still intends to release full results after the close of trading Wednesday. Analysts surveyed by Thomson Financial/First Call are forecasting earnings of a nickela a share on revenue of $4.55 billion. The company added that booked orders for the quarter ending January were $3.9 billion, above its target or $3.75 billion. The stock is rallying 40 cents at $18.90 in pre-open trading.  

8:17am 02/06/02  Cisco helps Nasdaq futures turn positive (CSCO)

By Tomi Kilgore
Nasdaq 100 futures spiked higher following news that Cisco Systems (CSCO) would exceed consensus analyst forecasts for its fiscal second quarter (see 8:09 item). The March contract is now up 13.00 at 1,475.00, or about 9 1/4-points above fair value, according to figures provided by HL Camp & Company. Just prior to Cisco's comment, the contract was trading about 3 3/4-points below fair value at around 1,462.00 (see 6:54 item). Cisco's stock is currently trading up 55 cents, or 3 percent, at $19.05.  

Datum: 06.02. 14:32 Cisco Systems - Vorankündigung der Zahlen !


Cisco Systems verbreitete unter einer hohen Zahl seiner Angestellten eine interne Stellungnahme zu den heute nach Börsenschluss offiziell zu veröffentlichenden Q2-Zahlen. Diese werden die Konsens-Erwartungen der Analysten bezüglich Gewinn und Umsatz übertreffen, so Cisco.

Man habe diese Ankündigung vorab verbreitet, um jeglicher Verwirrung bezüglich der nachbörslichen Zahlen vorzubauen (siehe auch BoerseGo.de News "Die Entscheidung - die Cisco Zahlen"). Es wurde auch bekannt, dass die Ordereingänge in diesem Quartal mit Ende Januar bei $3,9 Mrd. lagen, $3,75 Mrd wurden bisher erwartet.

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