Arista Networks sees fourth-quarter revenue above estimates on steady demand [Yahoo! Finance]
Juniper Networks, Inc. (JNPR)
Last juniper networks, inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
investor.juniper.net/investor-relations/default.aspx
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Source: Yahoo! Finance
The Santa Clara, California-based company forecast revenue between $1.85 billion and $1.90 billion for the current quarter, compared with analysts' average estimate of $1.81 billion, according to LSEG data. Still, shares of the company were down 6% in extended trading, having surged 83% this year on the back of a surge in demand for artificial intelligence technologies. Companies have ramped up investments in AI technologies which require heavy computing power, creating a spike in demand for data centers, which use Arista's products such as Ethernet switches and routers. Arista has said it is benefiting from its enterprise customers refreshing networking systems as they expand data center capacity rapidly. Peer Juniper Networks last week also topped estimates for quarterly revenue and profit, powered by healthy demand from cloud computing companies. Arista also said its board has approved a four-for-one stock split to make its common shares accessible to a broader base of i
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JNPR
Earnings
- 10/31/24 - Beat
JNPR
Sec Filings
- 11/19/24 - Form 4
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- JNPR's page on the SEC website