Monday, October 22, 2007

Juniper Reports Q3 Revenue of $735 Million, up 28% YoY

Juniper Networks reported Q3 net revenues of $735.0 million, compared with $573.6 million for the third quarter of 2006, an increase of 28 percent. Net income (GAAP) was $85.1 million or $0.15 per share, compared with a GAAP net income of $58.3 million or $0.10 per share for the third quarter of 2006.

"We are pleased with both the results for the quarter and the momentum we are seeing, which reflect confidence in Juniper to address the high-performance networking requirements of our customers," said Scott Kriens, Juniper Networks' Chairman and CEO.


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