0
Broadband

Juniper Networks Q2 sales at top of guidance but says supply issues to weigh on Q3 gross margin

Wednesday 28 July 2021 | 10:33 CET | News
Juniper Networks reported second-quarter sales at the top end of guidance and adjusted profits above expectations and said product orders were at record levels in the period. The company maintained its full-year forecast but warned that a global shortage of semiconductors will elevate costs in the next few quarters and as a result, it expects a sequential decline in its third-quarter adjusted gross margin.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Juniper Networks
Countries: World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Capital Online selects Juniper Networks to accelerate cloud business transformation

Published 12 Aug 2021 12:00 CET | China
Juniper Networks announced that Capital Online, a global data centre and cloud service provider, selected Juniper Networks to ...

Juniper Networks wins deal from Australia's VicTrack

Published 20 May 2021 14:33 CET | Australia
Juniper Networks announced that VicTrack, the state-owned enterprise that owns all railway and tram lines, networks and ...

Juniper Networks unveils Security Director Cloud portal for SASE services

Published 05 May 2021 15:49 CET | World
Juniper Networks has introduced Juniper Security Director Cloud, a portal that distributes connectivity and security services to ...

Juniper Networks tops Q1 guidance with revenues up 8%

Published 28 Apr 2021 09:41 CET | World
Juniper Networks announced first-quarter revenues of USD 1.07 billion, up 8 percent from a year earlier but down 12 percent from ...