Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand [Yahoo! Finance]
Juniper Networks, Inc. (JNPR)
Last juniper networks, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
Shares of the company rose around 1.5% in extended trading. Demand for HPE's servers, equipped with Nvidia processors, has remained healthy as enterprises invest heavily in hardware that can support and process the swathes of data used in training AI models. Despite a weaker performance, HPE has been seeing an improvement in its Intelligent Edge business, which provides networking hardware such as switches and Wi-Fi access points. Intelligent Edge revenue fell 20% to $1.12 billion in the fourth quarter. HPE finalized a deal at the start of the year to acquire networking equipment maker Juniper Networks, in a move to boost its networking market share in a competitive industry. Total revenue for the fourth quarter came in at $8.46 billion, beating estimates of $8.26 billion, as per data compiled by LSEG. Server revenue rose 32% to $4.71 billion in the quarter ended Oct. 31. For the first quarter, HPE expects revenue to grow in the mid-teens percent, roughly in line with a
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News
- Deutsche Bank upgrades HPE on networking growth from Juniper, valuation [Yahoo! Finance]Yahoo! Finance
- Port Huron Area School District Selects Juniper Networks to Modernize Network Infrastructure with AI-Native Networking Solutions [Yahoo! Finance]Yahoo! Finance
- Port Huron Area School District Selects Juniper Networks to Modernize Network Infrastructure with AI-Native Networking SolutionsBusiness Wire
- Nippon Gases Deploys Juniper Networks' AI-Native Networking Platform to Foster Growth and Accelerate Innovation [Yahoo! Finance]Yahoo! Finance
- Nippon Gases Deploys Juniper Networks’ AI-Native Networking Platform to Foster Growth and Accelerate InnovationBusiness Wire
JNPR
Earnings
- 10/31/24 - Beat
JNPR
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 8-K
- 11/19/24 - Form 4
- JNPR's page on the SEC website