Juniper Networks (JNPR) Tops Q2 EPS by 4c; Guides Below the Street
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Juniper Networks Reports Preliminary Second Quarter 2018 Financial Results
July 26, 2018 4:15 PM EDTSUNNYVALE, Calif., July 26, 2018 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today reported preliminary financial results for the three months ended June 30, 2018 and provided its outlook for the three months ending September 30, 2018.
Second Quarter 2018 Financial Performance
Net revenues were $1,204.1 million, a decrease of 8.0% year-over-year and an increase of 11.0% sequentially.
GAAP operating margin was 13.3%, a decrease from 19.7% in the second quarter of 2017, and an increase from 5.1% in the first quarter of 2018.
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