Juniper Networks (JNPR) Tops Q4 EPS by 2c, Revenues Beat; Offers 1Q EPS/Revenue Guidance
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Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year 2020 Financial Results
January 28, 2021 4:15 PM ESTSUNNYVALE, 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, 2020 and provided its outlook for the three months ending March 31, 2021.
Fourth Quarter 2020 Financial Performance
Net revenues were $1,222.6 million, an increase of 1% year-over-year, and an increase of 7% sequentially.
GAAP operating margin was 8.0%, a decrease from 14.8% in the fourth quarter of 2019, and a decrease from 11.0% in the third quarter of 2020.
Non-GAAP operating margin was 19.3%, a decrease from 20.4% in the fourth... More
