Juniper Networks (JNPR) PT Raised to $33 at Rosenblatt

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Go back to Juniper Networks (JNPR) PT Raised to $33 at Rosenblatt

Juniper Networks Reports Preliminary Third Quarter 2022 Financial Results

October 25, 2022 4:15 PM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended September 30, 2022 and provided its outlook for the three months ending December 31, 2022.

Third Quarter 2022 Financial Performance

Net revenues were $1,414.6 million, an increase of 19% year-over-year and an increase of 11% sequentially.

GAAP operating margin was 10.6%, an increase from 10.1% in the third quarter of 2021, and an increase from 8.5% in the second quarter of 2022.

Non-GAAP operating margin was 17.2%, an increase from 16.6% in the third quarter of 2021, and an... More