Juniper Networks (JNPR) Tops Q2 EPS by 3c

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Juniper Networks Reports Preliminary Second Quarter 2016 Financial Results

July 26, 2016 4:16 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 07/26/16 -- Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today reported preliminary financial results for the three months ended June 30, 2016 and provided its outlook for the three months ending Sept. 30, 2016.

Net revenues for the second quarter of 2016 were $1,221.3 million, flat year-over-year and an increase of 11% sequentially.

Juniper's GAAP operating margin for the second quarter of 2016 was 16.7%, a decrease from 19.9% in the second quarter of 2015, and an increase from 13.5% in the first quarter of 2016. Non-GAAP operating margin for the second quarter of 2016 was... More