Juniper Networks (JNPR) Tops Q4 EPS by 3c, Offers Guidance

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Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year 2021 Financial Results

January 27, 2022 4:15 PM EST

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months and fiscal year ended December 31, 2021 and provided its outlook for the three months ending March 31, 2022.

Fourth Quarter 2021 Financial Performance

Net revenues were $1,299.9 million, an increase of 6% year-over-year, and an increase of 9% sequentially.

GAAP operating margin was 11.8%, an increase from 8.0% in the fourth quarter of 2020, and an increase from 10.1% in the third quarter of 2021.

Non-GAAP operating margin was 18.3%, a decrease from 19.3% in the fourth... More