Juniper (JNPR) Misses Q2 Earnings Estimate, Revenues Fall Y/Y
JNPRJuniper Networks(JNPR) ZACKS·2024-07-26 23:41

Juniper Networks, Inc. (JNPR) reported soft second-quarter 2024 results, with both the bottom and top lines missing the respective Zacks Consensus Estimate. The company recorded lower revenues year over year, owing to sluggish demand for Wide Area Networking solutions. Strong growth in cloud orders and growing demand for Mist systems partially cushioned the top line.Net IncomeOn a GAAP basis, net income in the second quarter was 34.1millionor10centspersharecomparedwith34.1 million or 10 cents per share compared with 24.4 million or 7 cents per ...