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Juniper Networks (JNPR) revealed a profit for its second quarter that rose from last year.


RTTNews | Jul 27, 2021 04:45PM EDT

16:44 Tuesday, July 27, 2021 (RTTNews.com) - Juniper Networks (JNPR) revealed a profit for its second quarter that rose from last year.

The company's earnings came in at $62.0 million, or $0.19 per share. This compares with $61.2 million, or $0.18 per share, in last year's second quarter.

Excluding items, Juniper Networks reported adjusted earnings of $141.0 million or $0.43 per share for the period.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $1.17 billion from $1.09 billion last year.

Juniper Networks earnings at a glance:

-Earnings (Q2): $141.0 Mln. vs. $116.3 Mln. last year.-EPS (Q2): $0.43 vs. $0.35 last year.-Analysts Estimate: $0.39-Revenue (Q2): $1.17 Bln vs. $1.09 Bln last year.

-Guidance:Next quarter EPS guidance: $0.41 - $0.51Next quarter revenue guidance: $1,150 - $1,250 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3212432/juniper-networks-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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