Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year 2020 Financial Results

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Juniper Networks (JNPR) Tops Q4 EPS by 2c, Revenues Beat; Offers 1Q EPS/Revenue Guidance

January 28, 2021 4:26 PM EST

Juniper Networks (NYSE: JNPR) reported Q4 EPS of $0.55, $0.02 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.19 billion.

We experienced better than expected Q4 demand and ended 2020 on a high note by delivering a second consecutive quarter of year-over-year revenue growth, said Junipers CEO, Rami Rahim. Despite the various challenges presented by the pandemic, we achieved many of the objectives we laid out earlier in the year, which included growing our enterprise business for a fourth consecutive year, growing our cloud business for a... More