Juniper Networks (JNPR) Tops Q1 EPS by 4c, Offers Q2 Guidance
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Juniper Networks Reports Preliminary First Quarter 2017 Financial Results
April 25, 2017 4:26 PM EDTSUNNYVALE, CA -- (Marketwired) -- 04/25/17 -- Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today reported preliminary financial results for the three months ended March 31, 2017 and provided its outlook for the three months ending June 30, 2017.
Net revenues for the first quarter of 2017 were $1,221.0 million, an increase of 11% year-over-year and a decrease of 12% sequentially.
Juniper's GAAP operating margin for the first quarter of 2017 was 12.8%, a decrease from 13.5% in the first quarter of 2016, and a decrease from 20.7% in the fourth quarter of 2016.
Non-GAAP operating margin for the first... More
