Juniper Networks (JNPR) Tops Q2 EPS by 4c; Guides Roughly In-Line at Midpoint

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Go back to Juniper Networks (JNPR) Tops Q2 EPS by 4c; Guides Roughly In-Line at Midpoint

Juniper Networks Reports Preliminary Second Quarter 2021 Financial Results

July 27, 2021 4:15 PM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended June 30, 2021 and provided its outlook for the three months ending September 30, 2021.

Second Quarter 2021 Financial Performance

Net revenues were $1,172.3 million, an increase of 8% year-over-year and an increase of 9% sequentially.

GAAP operating margin was 7.3%, a decrease from 8.3% in the second quarter of 2020, and an increase from 2.6% in the first quarter of 2021.

Non-GAAP operating margin was 15.8%, an increase from 14.3% in the second quarter of 2020, and an... More