Juniper Networks (JNPR) Prelim. Q3 Results Miss Prior Guidance

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Go back to Juniper Networks (JNPR) Prelim. Q3 Results Miss Prior Guidance

Juniper Networks Announces Preliminary Third Quarter 2017 Financial Results and Date of Conference Call and Webcast

October 11, 2017 4:15 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 10/11/17 --

Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today provided certain preliminary estimated financial results for the fiscal third quarter ended September 30, 2017.

Revenue for the third quarter of 2017 is now expected to be in the range of $1,250 million to $1,260 million, below the Company's previous guidance of $1,290 million to $1,350 million, primarily due to lower than expected revenue in our cloud vertical.

The Company now expects non-GAAP net income per diluted share of $0.54 to $0.56, compared to the Company's previous guidance... More