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Will Top-Line Decline Impact Juniper's (JNPR) Q4 Earnings?
Zacks Investment Research· 2024-01-29 17:56
Juniper Networks, Inc. (JNPR) is scheduled to report fourth-quarter 2023 results on Jan 30, after the closing bell. The company delivered an earnings surprise of 6.54%, on average, in the trailing four quarters. In the last reported quarter, it delivered an earnings surprise of 9.09%.The leading provider of networking solutions and communication devices is expected to witness a top-line contraction year over year, owing to fierce competition, soft demand trends in several verticals and macroeconomic headwin ...
Juniper Networks Unveils Industry's First AI-Native Networking Platform to Deliver Exceptional User Experiences and Lower Operational Costs
Businesswire· 2024-01-29 12:45
SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, today announced the industry's first AI-Native Networking Platform, purpose-built to leverage AI to assure the best end-to-end operator and end-user experiences. Trained on seven years of insights and data science development, Juniper’s AI-Native Networking Platform was designed from the ground up to assure that every connection is reliable, measurable and secure for every device, user, application ...
James Cook University Singapore Selects Juniper Networks to Enable Transformative Blended Learning Experiences Powered by an AI-Driven Network
Businesswire· 2024-01-26 02:00
SINGAPORE--(BUSINESS WIRE)--Juniper Networks® (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that James Cook University Singapore (JCU Singapore), the first international campus of James Cook University Australia (JCU Australia), deployed Juniper’s cloud-delivered wireless access solutions driven by Mist AI™ for upgrades to its campus network. With the Juniper Access Points, JCU Singapore has built an AI-driven wireless network that supports its drive towards creating a technology-enha ...
Unveiling Juniper (JNPR) Q4 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-01-25 15:20
In its upcoming report, Juniper Networks (JNPR) is predicted by Wall Street analysts to post quarterly earnings of $0.64 per share, reflecting a decline of 1.5% compared to the same period last year. Revenues are forecasted to be $1.41 billion, representing a year-over-year decrease of 2.9%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a com ...
Summit Communications Powers the Future of Connectivity in Bangladesh with 400G Solutions from Juniper Networks
Businesswire· 2024-01-25 03:30
DHAKA, Bangladesh--(BUSINESS WIRE)--Juniper Networks® (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that Summit Communications, a leading end-to-end infrastructure service provider in Bangladesh, has selected its PTX Series Routers for 400G Converged Optical Routing solution upgrades to serve as the foundation of Summit's core network. This will enable seamless network capacity expansion and efficient delivery of enhanced connectivity over hundreds of kilometers to various points of p ...
Juniper (JNPR) Stock Jumps 21.8%: Will It Continue to Soar?
Zacks Investment Research· 2024-01-10 11:01
Juniper Networks (JNPR) shares rallied 21.8% in the last trading session to close at $36.81. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.9% gain over the past four weeks.Juniper has inked an agreement with Hewlett Packard Enterprise, under which the latter will acquire the former in an all-stock deal of $40.00 per share valued at approximately $14 billion. The merger accentuates Hewlett Packard’s portfo ...
HPE to buy Juniper Networks in $14B deal
Proactive Investors· 2024-01-10 00:02
About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...
HPE to acquire Juniper Networks for $14 billion
CNBC· 2024-01-09 22:50
Hewlett Packard Enterprise said in a statement on Tuesday that it plans to buy data center networking hardware maker Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal.The announcement came a day after the Wall Street Journal reported on HPE's interest in buying Juniper. Juniper shares had their best day in 20 years on Tuesday after the Wall Street Journal report, which said a deal could be announced this week. The shares jumped 22% to close at $37.05.HPE said the deal would be ac ...
S&P 500 Gains and Losses Today: Juniper Networks Soars Amid Acquisition Talks
Investopedia· 2024-01-09 22:10
The S&P 500 lost 0.2% on Tuesday, Jan. 9., 2024, as Monday's tech rally lost momentum amid concerns about demand.Juniper Networks shares soared after reports that Hewlett Packard Enterprises was in talks to buy the networking equipment provider.Shares of Eversource Energy tumbled as it announced an impairment charge related to some of its U.S. wind energy projects.The S&P 500 fell 0.2% on Tuesday as Monday's tech rally lost momentum amid concerns about demand and the energy sector lost ground. The Dow fell ...
Juniper (JNPR) Reportedly to be Acquired by HP Enterprise
Zacks Investment Research· 2024-01-09 17:02
Juniper Networks, Inc. (JNPR) is reportedly in advanced discussions for a potential acquisition by Hewlett Packard Enterprise (HPE) . Sources, per a Wall Street Journal report, indicate that the estimated value of this agreement could reach approximately $13 billion. Citing sources familiar with the matter, the deal could be announced as soon as this week. However, as of now, neither party has issued any official comments on this issue.Juniper offers an extensive array of routing, switching and network secu ...