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Stock impact report

Juniper Networks Reports Preliminary First Quarter 2021 Financial Results

Juniper Networks, Inc. (JNPR) 
Last juniper networks, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended March 31, 2021 and provided its outlook for the three months ending June 30, 2021.First Quarter 2021 Financial PerformanceNet revenues were $1,074.4 million, an increase of 8% year-over-year and a decrease of 12% sequentially.GAAP operating margin was 2.6%, a decrease from 3.9% in the first quarter of 2020, and a decrease from 8.0% in the fourth quarter of 2020.Non-GAAP operating margin was 12.1%, an increase from 10.2% in the first quarter of 2020, and a decrease from 19.3% in the fourth quarter of 2020.GAAP net loss was $31.1 million, a decrease of 252% year-over-year and 201% sequentially, resulting in diluted loss per share of $0.10.Non-GAAP net income was $98.5 million, an increase of 28% year-over-year, and a decrease of 46% sequentially, resulting in non-GAAP diluted earnings per share of $0.30.The Show less Read more
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