Juniper Networks (JNPR) Misses Q2 EPS by 3c, Offers Guidance

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Juniper Networks Reports Preliminary Second Quarter 2022 Financial Results

July 26, 2022 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, 2022 and provided its outlook for the three months ending September 30, 2022.

Second Quarter 2022 Financial Performance

Net revenues were $1,269.6 million, an increase of 8% year-over-year and an increase of 9% sequentially.

GAAP operating margin was 8.5%, an increase from 7.3% in the second quarter of 2021, and an increase from 5.0% in the first quarter of 2022.

Non-GAAP operating margin was 13.9%, a decrease from 15.8% in the second quarter of 2021, and an... More