PGLian
PGLian
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avatarPGLian
2021-08-14
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avatarPGLian
2022-10-28
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@StickyRice:Juniper Networks sees sustainable growth in 2023 and beyond after Q3 earnings beat Juniper Networks $Juniper Networks(JNPR)$ reports net revenue grew 19% Y/Y with adjusted net income growth of 26% Y/Y in Q3. Non-GAAP operating margin was 17.2% for the quarter, an increase from 16.6% Y/Y. Product sales grew 25% Y/Y with double-digit Y/Y growth across all customer verticals and all customer solutions. Based on the current demand, strong backlog and the actions taken to procure more supply, the company expects to deliver continued revenue strength in Q4, and sustained growth in 2023 and beyond. “We had very strong financial performance in Q3, as revenue and non-GAAP EPS both exceeded the high-end of our guidance range,” said Juniper’s CFO, Ken Miller

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