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General

Juniper Networks issues lower Q3 revenue and profit warning

Friday 13 October 2017 | 08:26 CET | News
Juniper Networks has announced that it expects its third quarter revenue to be in the range of USD 1.25 billion to USD 1.26 billion, missing its previously issued guidance of USD 1.29 billion to USD 1.35 billion. In a brief statement ahead of its full earnings report on 24 October, the company said the missed target was "primarily due to lower than expected revenue in our cloud vertical." Juniper beat its forecast in the second quarter, reporting a 7 percent year-on-year rise in revenues to USD 1.309 billion.

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Categories: General
Companies: Juniper Networks
Countries: World
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