UPDATE: Juniper Networks (JNPR) Tops Q4 EPS by 2c, Guidance Misses

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Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year 2018 Financial Results

January 29, 2019 4:15 PM EST

SUNNYVALE, Calif., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today reported preliminary financial results for the three months and twelve months ended December 31, 2018 and provided its outlook for the three months ending March 31, 2019.

Fourth Quarter 2018 Financial Performance

Net revenues were $1,181.0 million, a decrease of 5% year-over-year, and flat sequentially.

GAAP operating margin was 16.7%, an increase from 16.4% in the fourth quarter of 2017, and an increase from 13.6% in the third quarter of 2018.

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