Juniper Networks (JNPR) Tops Q2 EPS by 3c, Offers Guidance
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Juniper Networks Reports Preliminary Second Quarter 2023 Financial Results
July 27, 2023 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 June 30, 2023 and provided its outlook for the three months ending September 30, 2023.
Second Quarter 2023 Financial Performance
Net revenues were $1,430.1 million, an increase of 13% year-over-year and an increase of 4% sequentially.
GAAP operating margin was 9.9%, an increase from 8.5% in the second quarter of 2022, and an increase from 8.4% in the first quarter of 2023.
Non-GAAP operating margin was 16.9%, an increase from 13.9% in the second quarter of 2022, and an... More
