Cisco met Wall Street expectations for its most recent quarter, announcing Tuesday a 21-cent per share, or $1.4 billion, profit.

Analysts had expected the 21-cent profit. In 2003, Cisco (Nasdaq: CSCO) reported $1.1 billion in profit, or 15 cents a share.

Revenues hit $6 billion compared to $5.1 billion a year ago.

Cisco stock closed at $19.75 on Tuesday, down 22 cents. It declined another 40 cents in after-hours trading.

Cisco: www.cisco.com