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Juniper misses revenue estimates on weak networking gear demand [Yahoo! Finance]

Cisco Systems, Inc. (CSCO)  More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
Weak demand from inflation-hit wireless carriers and cable operators, as well as stiff competition from Cisco Systems, Arista Networks and chip designer Nvidia in the networking space has been a drag on Juniper. Sunnyvale, California-based Juniper counts firms such as AT&T, BlackBerry, Crown Castle, among others as its customers. In its preliminary results for the quarter ended March 31, the company posted an adjusted profit of 29 cents per share, compared with analysts' estimates of 40 cents per share. Revenue fell 16% to $1.15 billion from a year earlier, falling short of analysts' average estimates of $1.24 billion, according to 12 analysts polled by LSEG. Juniper's CFO Ken Miller said total product orders were about flat from a year earlier. However, cloud order growth rebounded in the first quarter, seeing double-digit growth year-over-year and sequentially. Hewlett Packard Enterprise struck a deal in January to buy Juniper for $14 billion, as it looks to tap into Juni [Read more]
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Stockreport

Juniper misses revenue estimates on weak networking gear demand [Yahoo! Finance]

Cisco Systems, Inc.  (CSCO) 
More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
Weak demand from inflation-hit wireless carriers and cable operators, as well as stiff competition from Cisco Systems, Arista Networks and chip designer Nvidia in the networking space has been a drag on Juniper. Sunnyvale, California-based Juniper counts firms such as AT&T, BlackBerry, Crown Castle, among others as its customers. In its preliminary results for the quarter ended March 31, the company posted an adjusted profit of 29 cents per share, compared with analysts' estimates of 40 cents per share. Revenue fell 16% to $1.15 billion from a year earlier, falling short of analysts' average estimates of $1.24 billion, according to 12 analysts polled by LSEG. Juniper's CFO Ken Miller said total product orders were about flat from a year earlier. However, cloud order growth rebounded in the first quarter, seeing double-digit growth year-over-year and sequentially. Hewlett Packard Enterprise struck a deal in January to buy Juniper for $14 billion, as it looks to tap into Juni [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CSCO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS