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Stock impact report

Juniper's Q3 Earnings Surpass Estimates Despite Lower Revenues [Yahoo! Finance]

Juniper Networks, Inc. (JNPR) 
Last juniper networks, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, the company recorded lower revenues year over year, owing to sluggish demand for Wide Area Networking, Campus and Branch solutions. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Strong growth in cloud orders, backed by rising investment in front and back-end AI networking and growing demand for Mist systems, partially cushioned the top line. On a GAAP basis, net income in the third quarter was $92.6 million or 28 cents per share compared with $76.1 million or 24 cents per share in the prior-year quarter. The 22% year-over-year growth was mainly driven by lower operating expenses. Non-GAAP net income was $159.7 million or 48 cents per share compared with respective figures of $193.9 million or 60 cents per share in the prior-year period. The bottom line beat the Zacks Consensus Estimate by 4 cents. Juniper Networks, Inc. price-consensus-eps-surprise-chart | Juniper Networks, Inc. Quote Quarterly revenues were $1.33 billion, down from $1.3 Show less Read more
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