Cisco Systems, Inc. (NASDAQ:CSCO) Q1 2024 Earnings Conference Call November 15, 2023 4:30 PM ET
Company Participants
Sami Badri - Head of Investor Relations
Chuck Robbins - Chair and Chief Executive Officer
Scott Herren - Executive Vice President and Chief Financial Officer
Conference Call Participants
Tal Liani - Bank of America
Meta Marshall - Morgan Stanley Investment Research
Amit Daryanani - Evercore
Simon Leopold - Raymond James
Ben Reitzes - Melius Research
Samik Chatterjee - JPMorgan
David Vogt - UBS
Matt Niknam - Deutsche Bank
George Notter - Jefferies
Michael Ng - Goldman Sachs
Operator
Welcome to Cisco's First Quarter Fiscal Year 2024 Financial Results Conference Call. At the request of Cisco, today's conference is being recorded. If you have any objections you may disconnect.
Now, I would like to introduce Sami Badri, Head of Investor Relations. Sir, you may begin.
Sami Badri
Welcome, everyone, to Cisco's first quarter fiscal year '24 quarterly conference call. This is Sami Badri, Cisco's new Head of Investor Relations, and I'm joined by Chuck Robbins, our Chair and CEO; and Scott Herren, our CFO. Having followed Cisco on the sell-side for 10 years, I couldn't be more excited to join the company and look forward to engaging with you all in my new role.
By now, you should have seen our earnings press release. A corresponding webcast with slides, including supplemental information, will be available on our website in the Investor Relations section following the call.
As a reminder, we have simplified how we report product and service revenue and customer markets. Starting this quarter, we are reporting revenue in the following five categories: networking, security, collaboration, observability, and services. And we are reporting customer markets in the following three categories: enterprise, public sector, and service provider and cloud. Also, as is customary in Q1, we have made certain reclassifications to prior period amounts to conform to the current period's presentation.
Income statements, full GAAP to non-GAAP reconciliation information, balance sheets, cash flow statements and other financial information can also be found in the Financial Information section of our Investor Relations website. Throughout this conference call, we will be referencing both GAAP and non-GAAP financial results, and we'll discuss product results in terms of revenue and geographic and customer results in terms of product orders unless stated otherwise. All comparisons made throughout this call will be on a year-over-year basis.
The matters we will be discussing today include forward-looking statements, including the guidance we will be providing for the second quarter and full year of fiscal 2024. They are subject to the risks and uncertainties that we discuss in detail in our documents filed with the SEC, specifically the most recent report on forms 10-K which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements.