Juniper Networks (JNPR) Reports In-Line Q3 EPS

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Juniper Networks Reports Preliminary Third Quarter 2021 Financial Results

October 26, 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 September 30, 2021 and provided its outlook for the three months ending December 31, 2021.

Third Quarter 2021 Financial Performance

Net revenues were $1,188.8 million, an increase of 4% year-over-year and an increase of 1% sequentially.

GAAP operating margin was 10.1%, a decrease from 11.0% in the third quarter of 2020, and an increase from 7.3% in the second quarter of 2021.

Non-GAAP operating margin was 16.6%, a decrease from 17.1% in the third quarter of 2020, and an... More