Juniper Networks (JNPR) Tops Q4 EPS by 1c, Offers Q1 Guidance

Juniper Networks (NYSE: JNPR) reported Q4 EPS of $0.58, $0.01 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.19 billion.

GUIDANCE:

Juniper Networks sees Q1 2020 EPS of $0.27 at mid-point, versus the consensus of $0.31. Juniper Networks sees Q1 2020 revenue of $1.03 billion ad mid-point, versus the consensus of $1.03 billion.

• Revenue will be approximately $1,030 million, plus or minus $30 million.
• Non-GAAP gross margin will be approximately 59.5%, plus or minus 1%.
• Non-GAAP operating expenses will be approximately $495 million, plus or minus $5 million.
• Non-GAAP operating margin will be approximately 11.5% at the mid-point of revenue guidance.
• Non-GAAP tax rate will be approximately 19%.
• Non-GAAP net income per share will be approximately $0.27, plus or minus $0.03. This assumes a share count of approximately 340 million.

For earnings history and earnings-related data on Juniper Networks (JNPR) click here.

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