Wednesday, January 15, 2003

Juniper Reports Quarterly Revenue of $155 Million, up 3%

Juniper Networks reported quarterly revenue of $155.3 million, compared with $151.0 million for the same period last year, an increase of 3%. Pro forma net income was $2.7 million or $0.01 per share. Actual net income for the quarter, including special charges, was $8.5 million or $0.02 per share. Juniper Networks said it is entering 2003 from "a position of improved confidence."http://www.juniper.net

  • For Q3 2002, Juniper reported revenues of $152 million and an actual net loss of $88 million, which includes amortization, restructuring charges and losses on equity investment write-downs.