Cisco Systems Inc CSCO
Q1 2012 Earnings Call Transcript

Transcript Call Date 11/09/2011

Operator: Welcome to Cisco Systems' First Quarter and Fiscal Year 2012 Financial Results Conference Call. At the request of Cisco Systems today's conference is being recorded. If you have any objections, you may disconnect.

Now I'll like to introduce Melissa Selcher, Director Corporate Communications and Investor Relations. Thank you, you may begin.

Melissa Selcher - IR: Thank you. Good afternoon, everyone and welcome to our 87th quarterly conference call. This is Melissa Selcher, and I am joined by John Chambers, our Chairman and Chief Executive Officer; Frank Calderoni, Executive Vice President and Chief Financial Officer and Gary Moore, Executive Vice President and Chief Operating Officer.

The Q1 fiscal year 2012 press release is on U.S. High-Tech Marketwire and on the Cisco website at

I would like to remind you that we have a corresponding webcast with slides. In those slides, you will find financial information that we cover during this conference call, as well as additional financial metrics and analysis that you may find helpful. Additionally, downloadable Q1 financial statements will be available following the call in the Investor Relations section of our website including revenue by geographic segments as well product categories.

Income statements, full GAAP to non-GAAP reconciliation information, balance sheet and cash flow statements can also be found on our website in the Investor Relations section. Click on the Financial Reporting section of the website to access the webcast slides and these documents.

A replay of this call will be available via telephone from November 9 through November 28 at 866-493-8039 or 203-369-1749 for international callers. A webcast replay is available from November 9, through January 20, on Cisco's Investor Relations website at

Throughout this conference call, we will be referencing both GAAP and non-GAAP financial results. The financial results in the press release are unaudited.

The matters we’ll be discussing today include forward-looking statements and as such are subject to the risks and uncertainties that we discuss in detail in our documents filed with the SEC, specifically the most recent Annual Report on Form 10-K and in applicable amendments, which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements. Unauthorized recording of this conference call is not permitted.

As we start the fiscal year, I wanted to identify some reporting changes that are reflected in our commentary. We've included the details of the changes in the slides and we will provide reclassified historical financial information as applicable on our website following this call.

As we discussed in our last earnings call, we transitioned our region reporting from four geographic regions to three. As a reminder the three regions are the Americas, EMEA and Asia Pacific, Japan and China or APJC. Our geographies continue to be the primary way we run the business.

Read our Earnings Call Transcript disclaimer.
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