Juniper Networks (JNPR) Tops Q1 EPS by 5c

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Go back to Juniper Networks (JNPR) Tops Q1 EPS by 5c

Juniper Networks Reports Preliminary First Quarter 2019 Financial Results

April 25, 2019 4:15 PM EDT

SUNNYVALE, Calif., April 25, 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 ended March 31, 2019 and provided its outlook for the three months ending June 30, 2019.

First Quarter 2019 Financial Performance

Net revenues were $1,001.7 million, a decrease of 7% year-over-year, and 15% sequentially.

GAAP operating margin was 4.3%, a decrease from 5.1% in the first quarter of 2018, and a decrease from 16.7% in the fourth quarter of 2018.

Non-GAAP... More