Juniper Networks (JNPR) PT Raised to $33 at Rosenblatt
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Juniper Networks Reports Preliminary Third Quarter 2022 Financial Results
October 25, 2022 4:15 PM EDTSUNNYVALE, 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, 2022 and provided its outlook for the three months ending December 31, 2022.
Third Quarter 2022 Financial Performance
Net revenues were $1,414.6 million, an increase of 19% year-over-year and an increase of 11% sequentially.
GAAP operating margin was 10.6%, an increase from 10.1% in the third quarter of 2021, and an increase from 8.5% in the second quarter of 2022.
Non-GAAP operating margin was 17.2%, an increase from 16.6% in the third quarter of 2021, and an... More
