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Juniper Networks Q4 results top expectations

Friday 27 January 2017 | 11:50 CET | News
Juniper Networks reported fourth-quarter revenues of USD 1.39 billion, up 5 percent from a year earlier and 8 percent more than in the third quarter. Its operating margin was up to 21.5 percent, from 21.1 a year ago and 19.5 in Q3. The net result was flat year-on-year at USD 197.4 million, with adjusted EPS at USD 0.66. Revenues and adjusted profits were better than the company's forecast. For the first quarter of 2017, Juniper forecast revenues of around USD 1.2 billion, up from USD 1.1 billion a year ago.

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Categories: Fixed
Companies: Juniper Networks
Countries: World
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