Monday, April 18, 2005

Juniper Reports Revenue of $449.1 million

Juniper Networks reported quarterly net revenues of $449.1 million, compared to $224.1 million for the same period last year, an increase of 100%. GAAP net income for the quarter was $75.4 million or $0.13 per share, compared to a GAAP net income of $33.5 million or $0.08 per share in the first quarter of 2004.

"We are once again pleased with the results behind a solid quarter of growth in both our financial metrics as well as our marketplace progress," said Scott Kriens, chairman and CEO of Juniper Networks.

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