Juniper Networks (JNPR) Tops Q3 EPS by 9c

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Go back to Juniper Networks (JNPR) Tops Q3 EPS by 9c

Juniper Networks Reports Preliminary Third Quarter 2018 Financial Results

October 23, 2018 4:15 PM EDT

SUNNYVALE, Calif., Oct. 23, 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 September 30, 2018 and provided its outlook for the three months ending December 31, 2018.

Third Quarter 2018 Financial Performance

Net revenues were $1,179.8 million, a decrease of 6.0% year-over-year, and a decrease of 2.0% sequentially.

GAAP operating margin was 13.6%, a decrease from 18.4% in the third quarter of 2017, and an increase from 13.3% in the second quarter of 2018.

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