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-0.00172686717513318 -0.00115124478342225 -0.000863433587566589 -0.00129515038134988 -0.0027342063606276 -0.000143905597927833 0.000287811195855461 0.00345373435026615
Stock impact report

Juniper (JNPR) Misses Q1 Earnings and Revenue Estimates [Yahoo! Finance]

Juniper Networks, Inc. (JNPR) 
Last juniper networks, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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 Income On a GAAP basis, the net loss in the first quarter was $0.8 million or 0.00 cents per share against income of $85.4 million or 26 cents per share in the prior-year quarter. The 101% year-over-year deterioration was mainly owing to lower revenue generation and increasing operating expenses, partially balanced by a higher gross margin and tax benefit. Non-GAAP net income was $96.6 million or 29 cents per share compared with respective figures of $156.6 million or 48 cents per share in the prior-year period. The bottom line lagged the Zacks Con Show less Read more
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