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0.00154024170737976 0.00282849061455386 -0.00205708408331186 0.00797120082283369 0.00514528156338388 0.00539984571869377 0.00539984571869377 0.00617125224993577
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Juniper Networks Reports Preliminary Third Quarter 2024 Financial Results

Juniper Networks, Inc. (JNPR) 
Last juniper networks, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks (NYSE: JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended September 30, 2024.Proposed Merger with Hewlett Packard EnterpriseAs announced on January 9, 2024, Hewlett Packard Enterprise Company (“HPE”) plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, and satisfaction of other customary closing conditions.Third Quarter 2024 Financial PerformanceNet revenues were $1,331.0 million, a decrease of 5% year-over-year, and an increase of 12% sequentially.GAAP operating margin was 7.1%, an increase from 6.3% in the third quarter of 2023, and an increase from 3.8% in the second quarter of 2024.Non-GAAP operating margin was 15.0%, a decrea Show less Read more
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