Juniper Networks(JNPR)

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JNPR Launches World's First 800ZR Coherent Service: Stock to Gain?
ZACKS· 2024-11-27 18:11
Juniper Networks, Inc. (JNPR) recently Juniper Networks, Inc. (JNPR) recently announced a collaboration with Elisa Oyj to roll out the world’s first 800Gbps Ethernet services over 800ZR coherent transceivers, leveraging its cutting-edge solutions. This deployment by the leading Finnish telecom and digital service provider is a major step forward in enhancing its network infrastructure and setting the stage for more scalable and efficient mobile and optical fiber networks across the country.What JNPR Brings ...
2025's Biggest Fintech & Payments' Trends Unveiled by Juniper Research
GlobeNewswire News Room· 2024-11-21 07:00
HAMPSHIRE, United Kingdom, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Juniper Research, the foremost experts in the fintech and payments market, is proud to reveal the 10 trends that are poised to transform the financial landscape in 2025. Juniper Research's VP of Fintech Market Research, Nick Maynard, commented: “Fintech and payments is changing rapidly, with alternative payment methods gaining popularity, fraud presenting a bigger challenge than ever, and regulations evolving quickly. As such, Juniper Research pre ...
Juniper Research Reveals 2025's Critical Telecoms Trends
GlobeNewswire News Room· 2024-11-13 07:00
HAMPSHIRE, United Kingdom, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Juniper Research, the foremost experts in telecommunications markets, is proud to reveal the 10 trends that are poised to transform the telecommunications landscape in 2025. Juniper Research expects a year of seismic shifts, as telcos prioritise strategic investments in emerging technologies such as Wi-Fi 7, MVNO-in-a-Box, and early moves toward 6G – while technological innovations such as travel eSIMs and quantum computing open fresh opportunitie ...
Juniper Networks and Recogni Announce Venture Funding and Collaboration for High Performance, Energy-Efficient and Cost-Effective Multimodal Generative AI Inference Systems
Prnewswire· 2024-11-12 14:00
Scalable, innovative GenAI solutions will support the largest AI models at unprecedented per-user performance while driving down energy demands and improving accuracySUNNYVALE, Calif. and SAN JOSE, Calif., Nov. 12, 2024 /PRNewswire/ -- Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, and Recogni, the Generative AI Inference company, have jointly announced Juniper's investment in Recogni and an ongoing collaboration. Juniper has participated in Recogni's $102 million Series C fundin ...
The Future Leaders in Fintech 2025 Revealed by Juniper Research
GlobeNewswire News Room· 2024-11-12 07:00
HAMPSHIRE, United Kingdom, Nov. 12, 2024 (GLOBE NEWSWIRE) -- A new study from Juniper Research, the foremost experts in the fintech & payments market, has selected SteelEye as the leading fintech future leader globally in 2025. Fintech Future Leaders 100 Who Made the Top 10 for : I Regtech eCommerce 2 Payments Billie 3 B2B Payments igital-only monoba 4 Banking xapien® 5 Regtech 6 B2B Payments eCommerce 7 Payments Emerging 8 Payments Digital-only 9 Banking 10 Green Fintech Source: Future Leaders 100: Fintech ...
Juniper's Q3 Earnings Surpass Estimates Despite Lower Revenues
ZACKS· 2024-11-01 17:16
Juniper Networks, Inc. (JNPR) reported relatively healthy third-quarter 2024 results, with both bottom and top lines beating the Zacks Consensus Estimate. However, the company recorded lower revenues year over year, owing to sluggish demand for Wide Area Networking, Campus and Branch solutions. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Strong growth in cloud orders, backed by rising investment in front and back-end AI networking and growing demand for Mist systems, partially ...
Juniper (JNPR) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-31 23:01
For the quarter ended September 2024, Juniper Networks (JNPR) reported revenue of $1.33 billion, down 4.8% over the same period last year. EPS came in at $0.48, compared to $0.60 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.27 billion, representing a surprise of +5.01%. The company delivered an EPS surprise of +9.09%, with the consensus EPS estimate being $0.44.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
Juniper Networks (JNPR) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 22:31
Juniper Networks (JNPR) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this computer network equipment maker would post earnings of $0.44 per share when it actually produced earnings of $0.31, delivering a surprise of -29.55%.Over the last f ...
Juniper Networks(JNPR) - 2024 Q3 - Quarterly Report
2024-10-31 20:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________ to_________ | --- | --- | --- | |----------------------------------------------------------------|----------------------------------------------- ...
Juniper Networks(JNPR) - 2024 Q3 - Quarterly Results
2024-10-31 20:18
Financial Performance - Net revenues for Q3 2024 were $1,331.0 million, a decrease of 5% year-over-year, but an increase of 12% sequentially[3]. - GAAP net income was $92.6 million, representing a 22% increase year-over-year and a 172% increase sequentially, resulting in diluted net income per share of $0.28[4]. - Total net revenues for the three months ended September 30, 2024, were $1,331.0 million, a decrease of 4.7% compared to $1,397.8 million for the same period in 2023[18]. - Net income for the three months ended September 30, 2024, was $92.6 million, compared to $76.1 million in the same period last year, with diluted net income per share rising to $0.28 from $0.24[22]. - Net income for the nine months ended September 30, 2024, was $125.9 million, down from $185.9 million in the same period of 2023, representing a decrease of about 32.4%[36]. Revenue and Orders - Total product orders grew nearly 60% year-over-year, with strong demand particularly from cloud customers[5]. - The Americas region generated $844.1 million in revenues for the three months ended September 30, 2024, compared to $836.5 million in the previous year[21]. - The Cloud segment reported revenues of $349.6 million for the three months ended September 30, 2024, an increase from $269.6 million in the same period last year[20]. Operating Metrics - Non-GAAP operating margin was 15.0%, a decrease from 17.5% in Q3 2023, but an increase from 10.9% in Q2 2024[3]. - Operating income for the three months ended September 30, 2024, increased to $94.1 million, compared to $87.6 million for the same period in 2023, resulting in an operating margin of 7.1%[22]. - The company reported a non-GAAP operating income of $200.0 million for the three months ended September 30, 2024, compared to $129.7 million in the same period last year[22]. Cash Flow and Investments - Net cash flows provided by operations for Q3 2024 were $192.2 million, down from $329.2 million in Q3 2023[7]. - Cash flows from operating activities decreased to $508.3 million from $863.7 million, a decline of approximately 41.1%[36]. - Total cash, cash equivalents, and investments as of September 30, 2024, were $1,562.9 million, up from $1,418.0 million a year ago[6]. - Long-term investments rose significantly from $116.8 million to $331.2 million, an increase of about 184.5%[35]. Expenses - Research and development expenses for the three months ended September 30, 2024, were $290.6 million, slightly up from $288.5 million in the same period last year[18]. - Total operating expenses for the three months ended September 30, 2024, were $679.3 million, down from $722.8 million in the same period last year[18]. - Share-based compensation expense increased to $211.4 million from $197.6 million, an increase of approximately 6.4%[36]. Dividends and Stockholder Equity - A cash dividend of $0.22 per share has been declared, to be paid on December 23, 2024[9]. - Total stockholders' equity increased from $4,492.7 million to $4,642.7 million, an increase of approximately 3.3%[35]. Future Outlook and Guidance - The proposed merger with Hewlett Packard Enterprise is expected to close in late 2024 or early 2025, with an equity value of approximately $14 billion[2]. - Juniper Networks will not provide financial guidance for 2024 due to the pending transaction with HPE[10]. - The company anticipates continued focus on market expansion and new product development in the upcoming quarters[24]. Financial Adjustments and Transparency - The company plans to continue providing non-GAAP financial measures to enhance transparency and comparability for investors[26]. - The company excluded acquisition-related charges and other unique items from its non-GAAP financial measures to better reflect ongoing operations[28][30]. - The company reported a loss on privately-held investments of $13.1 million, down from $92.0 million in the previous year[36].