Juniper Networks (JNPR) Warns on Q1 Results
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Juniper Networks Announces Preliminary First Quarter 2016 Financial Results and Date of Its Conference Call and Webcast
April 11, 2016 4:15 PM EDTSUNNYVALE, CA -- (Marketwired) -- 04/11/16 -- Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today provided certain preliminary estimated financial results for the fiscal first quarter ended March 31, 2016.
Revenue for the first quarter of 2016 is now expected to be in the range of $1,090 million to $1,100 million, below the Company's previous guidance of $1,150 million to $1,190 million, due primarily to weaker than anticipated demand from Enterprise and timing of deployments of certain U.S. and EMEA Tier 1 Telecoms. The Company now expects non-GAAP net income per diluted share of $0.35 to $0.37, compared to the Company's... More
