Juniper Networks (JNPR) Tops Q3 EPS by 9c
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Juniper Networks Reports Preliminary Third Quarter 2018 Financial Results
October 23, 2018 4:15 PM EDTSUNNYVALE, Calif., Oct. 23, 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 September 30, 2018 and provided its outlook for the three months ending December 31, 2018.
Third Quarter 2018 Financial Performance
Net revenues were $1,179.8 million, a decrease of 6.0% year-over-year, and a decrease of 2.0% sequentially.
GAAP operating margin was 13.6%, a decrease from 18.4% in the third quarter of 2017, and an increase from 13.3% in the second quarter of 2018.
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