SAN JOSE,Cisco Systems will have its annual shareholders meeting on Tuesday just days after disclosing strong sales results for the first quarter of its new fiscal year.

The meeting will take place Tuesday in San Jose at 1 PM EST. It will be webcast.

Cisco reported sales of $5.1 billion with profits of $1.09 billion, or 15 cents per share. Cisco (Nasdaq: CSCO) recently hit a 52-week high of $23.14, but dropped back to $22.34 on Friday, down 56 cents.
Just a year ago, Cisco stock was trading at $12.10.

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