& cplSiteName &

Juniper Pictures a Rosy 2013

Craig Matsumoto
1/24/2013
50%
50%

Despite undergoing layoffs in the fall, and despite a disappointing showing for some of its new products so far, Juniper Networks Inc. insists it's playing on offense. Juniper has some hope for showing stronger numbers, anyway, because it does appear that AT&T Inc. and Verizon Communications Inc. are starting to revive capital spending, as expected. At issue is the fact that data traffic continues to grow, and carriers that have muted their spending can't run their networks hot forever. "I think we're about to enter a new cycle for routing growth," said Kevin Johnson, Juniper's CEO. "We had a strong quarter with our Tier 1 U.S. service providers." That growth has tended to be on the network edge, which had an unfortunate side effect: Juniper's T4000 core router saw sales decline, officials said. (Whether that was compared with the previous quarter or previous year wasn't clear.) The company is also claiming to be on the offense when it comes to software-defined networking (SDN). Juniper had stayed quiet on the subject during 2012 -- by choice, company officials claim -- and unveiled parts of its plan earlier this month. (See Juniper's SDN Will Build Service Chains and Juniper Buys Contrail for (More) SDN Smarts.) As analyst Tom Nolle of CIMI Corp. notes, Juniper's plan focuses on moving more functions into software; that's a plan closer to the Network Functions Virtualization (NFV) initiative than to most definitions of SDN. (See Carriers Peer Into Virtual World.) Even with SDN in the picture, much of Juniper's future is pinned on five relatively new products: the T4000 core router, the QFabric data-center fabric, the MobileNext evolved packet core, the PTX packet-optical transport system and the ACX access router. Juniper is on track to make its goals for 2013 for those products, Johnson said. The company wants to get $150 million per quarter in revenues out of them, as a whole. QFabric has been the most closely watched because it got off to such a slow start; in fact, Juniper ended up creating a smaller version because so many customers didn't want the full-blown fabric. Juniper added 130 QFabric customers during the fourth quarter, Johnson said, but it's not clear how many of those simply bought the QFX3500 top-of-rack switch, which counts as part of QFabric but doesn't imply the customer will buy the other QFabric pieces. For its fourth quarter, which ended Dec. 31, Juniper reported revenues of $1.14 billion and net income of $95.7 million, or $0.19 per share, compared with year-ago revenues of $1.12 billion and net income of $96.2 million, or $0.18 per share. Non-GAAP earnings of $0.28 per share were $0.06 better than the analysts' estimate compiled by Thomson Reuters. But Juniper's first-quarter forecast could be considered light. The company expects first-quarter revenues of $1.05 billion to $1.07 billion, and analysts' forecasts average out to $1.07 billion, the top of the range. Juniper shares were up $0.15 (0.7 percent) at $21.65 in after-hours trading Thursday. — Craig Matsumoto, Managing Editor, Light Reading

(3)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
TomNolle
50%
50%
TomNolle,
User Rank: Light Sabre
1/26/2013 | 12:54:26 PM
re: Juniper Pictures a Rosy 2013
That's kind of the issue with JNPR. -áThey have a 40x P/E multiple in an industry with a 10x model (Cisco's is about 12x). -áThat kind of multiple means massive expected future earnings growth and you need to have a specific plan that first finds a market big enough and second finds differentiators strong enough for you to win in it. -áI think Juniper has the technology pieces but they've not embraced the cloud as their market opportunity or shown why they're far superior to others in networking the cloud.
Bob Saccamano
50%
50%
Bob Saccamano,
User Rank: Light Beer
1/25/2013 | 9:48:03 PM
re: Juniper Pictures a Rosy 2013
Any comments about getting to the 20% revenue growth target vs the 2% to down-áwe have been seeing?-á Also, is there any information about when and what products will actually be launched?-á Unlike many who see little starbursts-áwhenever a Juniper exec puts up "vision" slides, I am not going to be burned again.-á I need real.
TomNolle
50%
50%
TomNolle,
User Rank: Light Sabre
1/25/2013 | 3:22:09 PM
re: Juniper Pictures a Rosy 2013
I think the key to Juniper's success in 2013 will be exploiting the cloud, Craig. -áOperators are finding the cloud is both a revenue source and a platform for implementing SDN and NFV, and enterprises say it's the most significant driver of data center change. -áA good story that links cloud, SDN, and NFV would really resonate.
From The Founder
NFV's promises of automation and virtualization are intriguing, but what really excites service providers is the massive amount of money they could save.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
Women in Comms Introduction Videos
VMWare VP Brings Women Up With Her

8|16|17   |   6:49   |   (1) comment


It's an art and a science to make mentorship, inclusive leadership, diversity and promotion of high-potential women work, says Honore' LaBourdette, vice president of Global Market Development at VMWare.
LRTV Documentaries
5G Spectrum Wars – The Recap

8|15|17   |   2:22   |   (0) comments


Service provider 3 has filed a lawsuit against Ofcom over 5G spectrum auction in the UK.
LRTV Custom TV
Say What? Facebook Unleashes AI Anarchy – The Recap

8|7|17   |     |   (0) comments


A recap of the week's talking points on Light Reading's sister site, telecoms.com. Facebook AI programmers had a bit of a brain-fade as they allowed one of its AI applications to invent its ...
Women in Comms Introduction Videos
Fujitsu's Women Band Together to Help Girls Do STEM

8|2|17   |   9:35   |   (1) comment


Supporting women both inside and outside of Fujitsu is a top priority of the telecom vendor. Yanbing Li, Fujitsu Network Communication's director of System Software Development & Delivery, shares why it's important, but why there's still a long road ahead.
LRTV Custom TV
If You're Not First, You're Last – The Recap

7|31|17   |   08:18   |   (1) comment


In case you missed it, Amazon's 1% stock increase helped Jeff Bezos dethrone Bill Gates as the richest man in the world. Also, Taiwanese electronics manufacturer
Women in Comms Introduction Videos
AT&T's Tech President Preps Workforce for the Future

7|26|17   |   5:47   |   (10) comments


AT&T is focused on the software-defined network of the future and is reskilling its workforce to get ready too, according to AT&T's President of Technology Development Melissa Arnoldi.
Women in Comms Introduction Videos
Cisco: Mentoring Critical to Attract & Retain Women

7|19|17   |   6:40   |   (1) comment


Liz Centoni, senior vice president and general manager of Cisco's Computing System Product Group, shares why mentoring in all its forms is important for women and what Cisco is doing that's made a difference for women in tech.
LRTV Custom TV
Gigabit LTE With Snapdragon 835

7|12|17   |     |   (1) comment


At an event in Wembley stadium, EE used its live network to demonstrate gigabit LTE using a Sony Xperia XZ Premium smartphone with a Qualcomm Snapdragon 835 chip.
LRTV Custom TV
Implementing Machine Intelligence With Guavus

7|12|17   |     |   (0) comments


Guavus unites big data and machine intelligence, enabling many of the the largest service providers in the world to save money and drive measureable revenue. Learn how applying Machine Intelligence substantially reduces operational costs and in many cases can eliminate subscriber impact, meaning a better subscriber experience and higher NPS.
LRTV Custom TV
Unlocking Customer Experience Insights With Machine Intelligence

7|12|17   |     |   (0) comments


When used to analyze operational data and to drive operational decisions, machine intelligence reduces the number of tasks which require human intervention. Guavus invested in Machine Intelligence early. Learn about the difference between Machine Learning and Machine Intelligence.
Women in Comms Introduction Videos
Verizon VP Talks Network, Career Planning

7|12|17   |   4:49   |   (0) comments


Heidi Hemmer, vice president of Technology, Strategy & Planning at Verizon, shares how bold bets and the future of tech define her career.
Telecom Innovators Video Showcase
Masergy's NFV Journey

7|11|17   |     |   (0) comments


Ray Watson, vice president of global technology at Masergy, discusses the advantages and challenges in entering the still-maturing NFV market for the past three years.
Upcoming Live Events
September 28, 2017, Denver, CO
October 18, 2017, Colorado Convention Center - Denver, CO
November 1, 2017, The Royal Garden Hotel
November 1, 2017, The Montcalm Marble Arch
November 2, 2017, 8 Northumberland Avenue, London, UK
November 30, 2017, The Westin Times Square
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Intel CEO Leaves Trump Biz Advisory Board
Dan Jones, Mobile Editor, 8/15/2017
Are Cord-Cutting's Days Numbered?
Alan Breznick, Cable/Video Practice Leader, Light Reading, 8/14/2017
Orchestration Startup UBiqube Pivots Away From NFV
Carol Wilson, Editor-at-large, 8/15/2017
Verizon Video Woes Pile On
Mari Silbey, Senior Editor, Cable/Video, 8/14/2017
WiCipedia: Dolly Babes, Manifesto Backlash & 'Brotastic' Failures
Eryn Leavens, Special Features & Copy Editor, 8/18/2017
Like Us on Facebook
Twitter Feed
Animals with Phones
We Know a Tough Day When We See One Click Here
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.