Juniper Networks (JNPR) Tops Q2 EPS by 1c, Revenues Beat; Offers 3Q Revenue Mid-Point Guidance Above Consensus

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Go back to Juniper Networks (JNPR) Tops Q2 EPS by 1c, Revenues Beat; Offers 3Q Revenue Mid-Point Guidance Above Consensus

Juniper Networks Reports Preliminary Second Quarter 2020 Financial Results

July 28, 2020 4:16 PM EDT

SUNNYVALE, Calif., July 28, 2020 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended June 30, 2020 and provided its outlook for the three months ending September 30, 2020.

Second Quarter 2020 Financial Performance

Net revenues were $1,086.3 million, a decrease of 1% year-over-year, and an increase of 9% sequentially.

GAAP operating margin was 8.3%, an increase from 7.5% in the second quarter of 2019, and an increase from 3.9% in the first quarter of 2020.

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