

This reflects early adoption of the 400-gig capable platform driven by the strength of the Junos Evolved operating system, differentiated silicon capabilities, and deep engagement with important customers. Service revenues (contributing 35.1% to total revenues) increased 3.1% to $416.9 million, led by renewals and service attach rates.īy vertical, revenues in Cloud increased to $303.3 million from $253.1 million.
Juniper s software#
Product revenues (contributing 64.9% to total revenues) improved 5.2% year over year to $771.9 million, reflecting healthy demand across the MX and PTX product families with the adoption of newer products and the automation software portfolio. The top line, however, missed the consensus estimate of $1,206 million. Order momentum was strong across verticals, customer solutions, and geographies. Quarterly total revenues increased to $1,188.8 million (slightly below the mid-point of the company’s guidance due to the negative impact of supply chain constraints) from $1,138.2 million in the prior-year quarter driven by solid demand. price-consensus-eps-surprise-chart | Juniper Networks, Inc. The bottom line matched the Zacks Consensus Estimate. Non-GAAP net income was $152 million or 46 cents per share (in line with the company’s guidance) compared with $144.4 million or 43 cents per share in the year-ago quarter. The decline was mainly due to lower operating income and a provision for income tax. On a GAAP basis, net income in the September quarter fell to $88.9 million or 27 cents per share from $145.4 million or 43 cents per share in the prior-year quarter.

The top 10 customers accounted for 31% of total revenues, consistent with the third quarter of 2020. Of the top 10 customers in the quarter, six were Cloud, three were Service Provider, and one was an Enterprise. Investments in customer solutions and sales organizations are enabling the company to capitalize on the solid demand across each of its end markets.

Juniper s free#
( JNPR Quick Quote JNPR - Free Report) reported modest third-quarter 2021 results, wherein the bottom line matched the Zacks Consensus Estimate but the top line missed the same. The Routing Engine installs directly into a slot on the MX SCBE.Juniper Networks, Inc.
Juniper s full#

