Juniper Networks (JNPR) Solid Q2 Overshadowed by CEO Resignation; PT Raised at Nomura
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Juniper Networks, Inc. (JNPR) Tops Q2 EPS by 4c; Issues Solid Q3 Outlook
July 23, 2013 4:07 PM EDTJuniper Networks, Inc. (NYSE: JNPR) reported Q2 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.09 billion.
Juniper Networks, Inc. sees Q3 2013 EPS of $0.29-$0.32, versus the consensus of $0.29. Juniper Networks, Inc. sees Q3 2013 revenue of... More
Juniper Networks (JNPR) CEO to Retire
July 23, 2013 4:07 PM EDTJuniper Networks (NYSE: JNPR) today announced that the Company's chief executive officer, Kevin Johnson, will retire once a successor is named and that Johnson will continue to serve in his current capacities while an orderly transition is accomplished.
The Company's board of directors has formed a Search Committee of independent directors to lead a comprehensive search process to identify the next CEO, and has retained Heidrick and Struggles, a leading executive recruiting firm,... More
