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We achieved broad-based margin improvement, while our cash flow and strong financial position enabled us to continue to return value to our shareholders.
FORBES: IBM Q1 Tops Street Estimates; Hikes Full Year Forecast
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To supplement our consolidated financial statements, which statements are prepared and presented in accordance with GAAP, we use the following non-GAAP financial measures: non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, non-GAAP EPS, free cash flow, and non-GAAP international revenues.
ENGADGET: Google's Q4 2011 results: $2.71 billion profit, $8.13 billion in revenue, Wall Street disappointed
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Its cash flow margin was nearly 31% in 1997 --ten percentage points higher than international competitors like France's Lafarge and Switzerland's Holderbank Financire Glaris.
FORBES: Cement meets the cyberworld
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Consumables such as high-margin toner cartridges provide a steady flow of cash on the back of this printer business.
ECONOMIST: Canon