Benzinga | Jul 28, 2020 04:33PM EDT

Juniper Networks: Q2 Earnings Insights

Shares of Juniper Networks (NYSE:JNPR) increased 3% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 12.50% year over year to $0.35, which beat the estimate of $0.34.

Revenue of $1,086,000,000 declined by 1.54% year over year, which beat the estimate of $1,050,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Juniper Networks hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://investor.juniper.net/investor-relations/events/event-details/2020/Juniper-Networks-Q2-2020-Financial-Results-Conference-Call/default.aspx

Technicals

52-week high: $27.39

Company's 52-week low was at $15.20

Price action over last quarter: Up 5.16%

Company Overview

Juniper Networks develops and sells switching, routing, security, related software products, and services for the networking industry. The company operates as one segment and its primary selling verticals are communication service providers, cloud, and enterprise. The California-based company was incorporated in 1996, employs over 9,000 individuals, and sells worldwide, with over half of its sales from the Americas region.