Juniper Networks (JNPR) Tops Q1 EPS by 2c, Offer Q2 Guidance

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Go back to Juniper Networks (JNPR) Tops Q1 EPS by 2c, Offer Q2 Guidance

Juniper Networks Reports Preliminary First Quarter 2018 Financial Results

May 1, 2018 4:15 PM EDT

SUNNYVALE, Calif., May 01, 2018 (GLOBE NEWSWIRE) -- 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, 2018 and provided its outlook for the three months ending June 30, 2018.

First Quarter 2018 Financial Performance

Net revenues were $1,082.6 million, a decrease of 11% year-over-year and 13% sequentially.

GAAP operating margin was 5.1%, a decrease from 12.8% in the first quarter of 2017, and a decrease from 16.4% in the fourth quarter of 2017.

Non-GAAP... More