Earnings reports

Juniper Posts Q1 Returns

SUNNYVALE, Calif. -- Juniper Networks, Inc. (Nasdaq:JNPR - news), a leading provider of next-generation IP infrastructure systems, today reported its first quarter results for the period ending March 31, 2001.

Net revenues for the first quarter were $332.1 million, compared with $63.9 million for the same period last year, an increase of 420%. Pro forma net income was $85.4 million or $0.25 per share, compared with pro forma net income of $10.5 million or $0.03 per share for the first quarter of 2000. Actual net income for the first quarter, which includes amortization of goodwill and other purchased intangibles of $12.3 million and amortization of deferred compensation of $24.3 million, was $58.6 million or $0.17 per share, compared with net income of $8.1 million or $0.02 per share in the first quarter of 2000.

"We are particularly pleased to report the continued growth and execution of Juniper Networks, especially given the challenges of today's economy," said Scott Kriens, Chairman and CEO of Juniper Networks. "These results reflect not only the strength of the company, our products, and our global customer base, but also our continued focus on the financial fundamentals."

loejoe 12/4/2012 | 8:34:04 PM
re: Juniper Posts Q1 Returns Hey LR -
Why didn't you mention that Juniper missed Wall Street expectations by a penny. Same amount Cisco missed if I recall. Protecting your personal investment by not reporting all the news?

Juniper: 2001 Results to Disappoint

DCITDave 12/4/2012 | 8:34:03 PM
re: Juniper Posts Q1 Returns What you're reading there is called a press release, which is written and distributed by the company, not us.

We run press releases in the "newswires" section of our site as a service to readers and to act as a handy reference for the news analysis stories we write.

To your point, we did write a news analysis story on Juniper's earnings call.


Thanks for reading.
Sign In