RTTNews | Jul 28, 2020 05:44PM EDT

17:43 Tuesday, July 28, 2020 (RTTNews.com) - Juniper Networks (JNPR) Tuesday reported second-quarter net income of $61.2 million or $0.18 per share, up from $46.2 million or $0.13 per share last year.

Revenues for the quarter dropped to $1.086 billion from $1.102 billion last year.

Analysts polled by Thomson Reuters estimated earnings of $0.34 per share on revenues of $1.05 billion for the quarter.

Looking forward to the third quarter, the company expects adjusted earnings of $0.43 per share, plus or minus $0.05 per share, and revenues of about $1.125 billion, plus or minus $50 million. Analysts currently estimate earnings $0.43 per share and revenues of $1.1 billion.

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