Juniper Networks (JNPR) Misses Q1 EPS by 1c, Offers Guidance
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Juniper Networks Reports Preliminary First Quarter 2022 Financial Results
April 26, 2022 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 March 31, 2022 and provided its outlook for the three months ending June 30, 2022.
First Quarter 2022 Financial Performance
Net revenues were $1,168.2 million, an increase of 9% year-over-year and a decrease of 10% sequentially.
GAAP operating margin was 5.0%, an increase from 2.6% in the first quarter of 2021, and a decrease from 11.8% in the fourth quarter of 2021.
Non-GAAP operating margin was 11.8%, a decrease from 12.1% in the first quarter of 2021, and a... More
