Tuesday, April 18, 2006

Juniper Report Q1 Revenue of $567 Million, up 26%

Juniper Networks reported Q1 revenues of $566.7 million, compared with $449.1 million for the first quarter of 2005, an increase of 26 percent. Net income on a GAAP basis for the first quarter of 2006 was $75.8 million or $0.13 per share, compared with a GAAP net income of $75.4 million or $0.13 per share for the first quarter of 2005.

"The first quarter reflected the continuing acceptance of Juniper's product portfolio with both our enterprise and service provider customers," commented Scott Kriens, chairman and CEO, Juniper Networks. "We will intensify our focus on execution in order to capitalize in an environment where our capabilities and the market requirements are aligning more clearly than ever before."http://www.juniper.net