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Juniper Networks (JNPR) Tops Q4 EPS by 4c; Guides Below the Street

January 27, 2016 4:19 PM

Juniper Networks (NYSE: JNPR) reported Q4 EPS of $0.63, $0.04 better than the analyst estimate of $0.59. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.3 billion.

GUIDANCE:

Juniper Networks sees Q1 2016 EPS of $0.42-$0.46, versus the consensus of $0.47. Juniper Networks sees Q1 2016 revenue of $1.15-1.19 billion, versus the consensus of $1.19 billion.

"2015 was a year of solid execution and product innovation for Juniper Networks. I am very proud of the many accomplishments we've made as a company to drive growth and create value," said Rami Rahim, chief executive officer at Juniper Networks. "As a challenger in this industry, we plan to remain nimble, anticipate and deliver what our customers require for network innovation, and continue our relentless focus on execution to maximize long-term value for our shareholders."

"Our record fourth quarter 2015 results reflect strong year-over-year and sequential revenue and earnings growth," said Robyn Denholm, chief financial and operations officer at Juniper Networks. "I'm pleased with how well we've diversified our customer base across multiple verticals and geographies, and improved our operations. Our focus continues to be on our fundamentals -- improving execution, continuing cost discipline and operational efficiency."

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

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