Juniper Networks revenue up 3% to USD 1.1 bln

Friday 29 April 2016 | 09:14 CET | News
Juniper Networks reported net revenues of USD 1.1 billion in the first quarter of the year, up 3 percent year on year but down 17 percent on the USD 1.32 billion posted in the fourth quarter of 2015. The company lowered its guidance earlier this month, predicting first quarter revenues of USD 1.090-1.1 billion from its previous expectation of USD 1.17 billion. Net profit came in at USD 91.4 million, or USD 0.23 per share, an increase of 14 percent year-on-year and a decrease of 54 percent sequentially. The company described the March quarter as "disappointing" but said it remained

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Categories: Fixed
Companies: Juniper Networks
Countries: World
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