CISCO Q4 2011 results
By Sumir Singh

Technology giant CISCO, which is taking a number of steps including job cuts to get its mojo back, has announced its Fourth Quarter and Fiscal Year 2011 earnings. Highlights are

- Q4 Net Sales: $11.2 billion
- Q4 Net Income: $1.2 billion GAAP; $2.2 billion non-GAAP
- Q4 Earnings per Share: $0.22 GAAP; $0.40 non-GAAP
- FY 2011 Net Sales: $43.2 billion
- FY 2011 Net Income: $6.5 billion GAAP; $9.0 billion non-GAAP
- FY 2011 Earnings per Share: $1.17 GAAP; $1.62 non-GAAP

Cash flows from operations were $2.8 billion for the fourth quarter of fiscal 2011, compared with $3.0 billion for the third quarter of fiscal 2011, and compared with $3.2 billion for the fourth quarter of fiscal 2010. Cash flows from operations were $10.1 billion for fiscal 2011, compared with $10.2 billion for fiscal 2010.

Cash and cash equivalents and investments were $44.6 billion at the end of fiscal 2011, compared with $43.4 billion at the end of the third quarter of fiscal 2011, and compared with $39.9 billion at the end of fiscal 2010.