Juniper Networks (JNPR) Reports In-Line Q3 EPS

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Go back to Juniper Networks (JNPR) Reports In-Line Q3 EPS

Juniper Networks Reports Preliminary Third Quarter 2020 Financial Results

October 27, 2020 4:16 PM EDT

SUNNYVALE, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended September 30, 2020 and provided its outlook for the three months ending December 31, 2020.

Third Quarter 2020 Financial Performance

Net revenues were $1,138.2 million, up slightly year-over-year, and an increase of 5% sequentially.

GAAP operating margin was 11.0%, a decrease from 12.2% in the third quarter of 2019, and an increase from 8.3% in the second quarter of 2020.

Non-GAAP... More