Juniper (JNPR) Misses Q1 Earnings and Revenue Estimates
JNPRJuniper Networks(JNPR) Zacks Investment Research·2024-04-26 22:26

Juniper Networks, Inc. (JNPR) reported soft first-quarter 2024 results, with both the bottom and top lines missing the respective Zacks Consensus Estimate. The financial results arrived amid merger plans with Hewlett Packard Enterprise. The all-cash transaction for $40.00 per share, valued at approximately $14 billion, is anticipated to be finalized in late 2024 or early 2025, subject to the fulfillment of satisfactory conditions.Net IncomeOn a GAAP basis, the net loss in the first quarter was $0.8 million ...