30.01.2024 22:22:59 - dpa-AFX: Juniper Networks Q4 Profit Decreases, misses estimates

WASHINGTON (dpa-AFX) - Juniper Networks (JNPR) revealed earnings for fourth
quarter that decreased from the same period last year and missed the Street
estimates.

The company's earnings totaled $124.3 million, or $0.38 per share. This
compares with $180.4 million, or $0.55 per share, in last year's fourth quarter.

Excluding items, Juniper Networks reported adjusted earnings of $196.9 million
or $0.61 per share for the period.

Analysts on average had expected the company to earn $0.64 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 6.2% to $1.36 billion from $1.45
billion last year.

Juniper Networks earnings at a glance (GAAP) :

-Earnings (Q4): $124.3 Mln. vs. $180.4 Mln. last year.
-EPS (Q4): $0.38 vs. $0.55 last year.
-Analyst Estimates: $0.64
-Revenue (Q4): $1.36 Bln vs. $1.45 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
JUNIPER NETWORKS DL-,01 923889 Frankfurt 33,620 04.07.24 08:25:14 -0,210 -0,62% 33,470 33,950 33,620 33,830

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