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General

Juniper guides for higher Q4 after better-than-expected Q3

Wednesday 26 October 2016 | 11:04 CET | News
Juniper Networks said revenues for its third quarter reached USD 1.285 billion, up 3 percent from the year before and 5 percent sequentially, but that its operating margin fell slightly to 19.5 percent from the 20.7 percent recorded the year earlier. The net profit went 13 percent lower to USD 172.4 million, with diluted earnings per share going to USD 0.45 from 0.51 per share. The adjusted net profit was flat at USD 222.0 million or USD 0.58 per diluted share. The results went higher than expected, with Juniper guiding higher for the fourth quarter.

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Categories: General
Companies: Juniper Networks
Countries: World
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