Juniper Networks Reports Preliminary Second Quarter 2020 Financial Results
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Juniper Networks (JNPR) Tops Q2 EPS by 1c, Revenues Beat; Offers 3Q Revenue Mid-Point Guidance Above Consensus
July 28, 2020 4:39 PM EDTJuniper Networks (NYSE: JNPR) reported Q2 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.05 billion.
We experienced solid demand during the June quarter, as our combination of technological differentiation and go- to-market execution drove a second consecutive quarter of positive order growth, said Junipers CEO, Rami Rahim. While the global macro environment remains uncertain, the strategic importance of the global network has never been clearer and we remain confident regarding the long-term outlook for our business.
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