Network gear maker Juniper Networks (JNPR) reported lower earnings in the first quarter, owing to a decline in revenues. However, the bottom topped analysts’ expectations, driving the stock up in the after-hours trading session.
First quarter earnings dropped to $34.4 million or $0.10 per share from $108.8 million or $0.28 per share in the same period last year. Earnings, adjusted for special items, fell 47% to $0.28 per share, but exceeded expectations.
Revenues decreased 11% to $1.08 billion during the three-month period, dragging operating margins by 12.8%.
“While our margins came in below historical levels during the March quarter, we met the profitability targets we set for the period, which enabled earnings to come in at the high-end of guidance,” said Juniper CFO Ken Miller.
For the second quarter, Juniper expects to record revenues of $1.18 billion, and adjusted gross margin of 59%. The company is looking for adjusted earnings of $0.44 for the second quarter.
Most Popular
Infographic: How UnitedHealth Group (UNH) performed in Q1 2025
UnitedHealth Group (NYSE: UNH) reported its first quarter 2025 earnings results today. Total revenues were $109.6 billion compared to $99.8 billion in the same quarter a year ago. Net earnings
INFY Earnings: Infosys Q4 profit drops despite an increase in revenues
Infosys (NYSE: INFY) Thursday reported an increase in revenues for the fourth quarter of 2025. However, Q4 profit declined year-over-year. The software firm’s revenues increased 3.6% year-over-year to $4.73 billion
AXP Earnings: Key quarterly highlights from American Express’ Q1 2025 financial results
American Express Company (NYSE: AXP) reported its first quarter 2025 earnings results today. Consolidated total revenues net of interest expense were $17 billion, up 7% year-over-year. Revenues grew 8% on
