Juniper Networks (JNPR) Reports In-Line Q4 EPS, Misses on Revenue; Offers Q1 Guidance

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Go back to Juniper Networks (JNPR) Reports In-Line Q4 EPS, Misses on Revenue; Offers Q1 Guidance

Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year 2022 Financial Results

January 31, 2023 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, 2022 and provided its outlook for the three months ending March 31, 2023.

Fourth Quarter 2022 Financial Performance

Net revenues were $1,448.8 million, an increase of 11% year-over-year, and an increase of 2% sequentially.

GAAP operating margin was 14.0%, an increase from 11.8% in the fourth quarter of 2021, and an increase from 10.6% in the third quarter of 2022.

Non-GAAP operating margin was 19.1%, an increase from 18.3% in the fourth... More